N.Y. U.C.C. Law § 2-514

Current through 2024 NY Law Chapter 456

Section 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.

N.Y. U.c.c. Law § 2-514