Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 1 - Uniform Commercial Code > Chapter 2 - Sales > Part 5 - Performance > § 4-2-514 - When documents deliverable on acceptance -- When on payment.

§ 4-2-514 - When documents deliverable on acceptance -- When on payment.

4-2-514. 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 (3) days after presentment; otherwise, only on payment.