Title 04 · CRS Title 04

When documents deliverable on acceptance - when on payment

Citation: C.R.S. § 4-2-514

Section: 4-2-514

4-2-514. 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 days after presentment; otherwise, only on payment. Source: L. 65: p. 1327, � 1. C.R.S. 1963: � 155-2-514.