Cal. Com. Code § 2514

Current through the 2023 Legislative Session.
Section 2514 - 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.

Ca. Com. Code § 2514

Enacted by Stats. 1963, Ch. 819.