Ala. Code § 7-2-514

Current through the 2024 Regular Session.

Section 7-2-514 - 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 days after presentment; otherwise, only on payment.

Ala. Code § 7-2-514 (1975)

Acts 1965, No. 549, p. 811.