Tex. Bus. & Com. Code § 4.502
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If a draft or the relevant instructions require presentment "on arrival", "when goods arrive", or the like, the collecting bank need not present until in its judgment a reasonable time for arrival of the goods has expired. Refusal to pay or accept because the goods have not arrived is not dishonor; the bank must notify its transferor of the refusal but need not present the draft again until it is instructed to do so or learns of the arrival of the goods.
Tex. Bus. and Comm. Code § 4.502