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When documents deliverable on acceptance -- When on payment

KRS 355.2-514
in effect
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355.2-514. 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 (3) days after presentment; otherwise, only on payment. Effective: July 1, 1960 History: Created 1958 Ky. Acts ch. 77, sec. 2-514, effective July 1, 1960.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33305Fetched: 10/20/2026

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