11 §2-514. When documents deliverable on acceptance; when on payment
Title 11: UNIFORM COMMERCIAL CODE
Article 2: SALES
Part 5: PERFORMANCE
§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 3 days after presentment; otherwise only on payment.