Code of Alabama

Ala. Code § 7-2-514 (2026)

When Documents Deliverable on Acceptance; When on Payment.

✓ official Alabama Legislature (ALISON) text, current July 2026
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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.

(Acts 1965, No. 549, p. 811.)