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  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XV REGULATION OF TRADE
  • CHAPTER 106 UNIFORM COMMERCIAL CODE
  • ARTICLE 2 SALES
  • Section 2-514 When Documents Deliverable on Acceptance; When on Payment

Section 2-514. 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.