Statute · California Commercial Code

Cal. Com. Code § 2514 — Performance

Cal. Com. Code § 2514

Type
Statute
Source
California Commercial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

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.

Citator

Cal. Com. Code § 2514 — Performance is in force in the current edition of the Code, and nothing recorded condemns it.

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.