New Jersey Statutes
§ 12A:2-514 — When documents deliverable on acceptance; when on payment
New Jersey·Title 12A COMMERCIAL TRANSACTIONS
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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Nearby Sections
15
§ 12A:2-101
Short title§ 12A:2-103
Definitions and index of definitions.§ 12A:2-107
Goods to be severed from realty: recording§ 12A:2-201
Formal requirements; statute of frauds§ 12A:2-203
Seals inoperative§ 12A:2-204
Formation in general§ 12A:2-205
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