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Code · New Jersey · Title 12A — Commercial Transactions · Chapter 2

12A:2-514. When documents deliverable on acceptance; when on payment

41 words·~1 min read·/nj/title-12a/chapter-2/12a-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 three days after presentment; otherwise, only on payment.
L.1961, c. 120, s. 2-514.
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