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§2-514. When documents deliverable on acceptance; when on payment


Published: 2015

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The Vermont Statutes Online



Title

09A

:
Uniform Commercial Code






Chapter

002

:
Sales











 

§

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.