TITLE 6A
Uniform Commercial Code

CHAPTER 6A-2
Sales

PART 6A-2-501
Performance

SECTION 6A-2-514


§ 6A-2-514 When documents deliverable on acceptance – When on payment.

Unless otherwise agreed, documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it is payable more than three (3) days after presentment, otherwise only on payment.

History of Section.
(P.L. 1960, ch. 147, § 1.)