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Code · Illinois · Chapter 810 — COMMERCIAL CODE · Act 5

Sec. 2-514. When documents deliverable on acceptance; when on payment.

46 words·~1 min read·/il/chapter-810/act-5/2-514

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Sec. 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 3 days after presentment; otherwise, only on payment.
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