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ARKANSAS STATUTES AND CODES
§ 4-2-514 - When documents deliverable on acceptance -- When on payment.
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 (3) days after presentment; otherwise, only 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.
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