When documents deliverable on acceptance; when on payment

09A V.S.A. ch. 002, § 514, under Chapter 002: Article 002: Sales.

09A V.S.A. ch. 002, § 514

§ 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.