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Section 7-2-514 - When Documents Deliverable on Acceptance; When on Payment — Alabama Law | CourtGPT
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Alabama Legal Code

Section 7-2-514 - 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.

Source: https://alison.legislature.state.al.us/code-of-alabama?section=7-2-514· Version 2026