4-2-514. When documents deliverable on acceptance - when on payment.
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/co/title-4-uniform-commercial-code/article-2-sales/4-2-514·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.