Section 7-2-514 When Documents Deliverable on Acceptance; When on Payment.
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/al/title-7-commercial-code/part-5-performance/7-2-514·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 days after presentment; otherwise, only on payment.