N.Y. Uniform Commercial Code Law Section 2-514
When Documents Deliverable on Acceptance

  • When on Payment

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.

Source: Section 2-514 — When Documents Deliverable on Acceptance; When on Payment, https://www.­nysenate.­gov/legislation/laws/UCC/2-514 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 2-514’s source at nysenate​.gov

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