SECTION 672.514. When documents deliverable on acceptance; when on payment.

Latest version.

1Unless 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.

History.-s. 1, ch. 65-254.

Note

Note.-s. 2-514, U.C.C.

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