Section 11-2-514. When documents deliverable on acceptance; when on payment

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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.

Code 1933, § 109A-2--514, enacted by Ga. L. 1962, p. 156, § 1.

                    
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