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California Commercial Code

§ 2514

COM § 2514Div. 2 · Ch. 5

Statute text

View on leginfo.ca.gov
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.

Legislative history

Enacted by Stats. 1963, Ch. 819.

Source: California Commercial Code § 2514 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.