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
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.)