11 §2-514. When documents deliverable on acceptance; when on payment

11 ME Rev Stat § 2-514 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§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.