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Code · North Carolina · Chapter 25 — Uniform Commercial Code

§ 25-2-514. When documents deliverable on acceptance; when on payment.

51 words·~1 min read·/nc/chapter-25/25-2-514

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§ 25-2-514. 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 days after presentment; otherwise, only on payment. (1965, c. 700, s. 1.)
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