For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Documents; delivery to drawee on acceptance or payment.

MCL 440.2514
in effect
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440.2514. Documents; delivery to drawee on acceptance or payment. Sec. 2514. 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 3 days after presentment; otherwise, only on payment. 1962, Act 174, Eff. Jan. 1, 1964
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-440-2514Fetched: 10/20/2026

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