41-02-62. (2-514) When documents deliverable on acceptance - When on payment.
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/nd/title-41/chapter-41-02-sales/41-02-62·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.