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Code · Maine · Title 11: UNIFORM COMMERCIAL CODE

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

36 words·~1 min read·/me/title-11-uniform-commercial-code/2-514

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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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