N.J.S.A. 12A:2-514

When documents deliverable on acceptance; when on payment

12A: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. L.1961, c. 120, s. 2-514.

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This is the verbatim text of N.J.S.A. 12A:2-514, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 12A:2-514 — When documents deliverable on acceptance; when on payment | Kyzer