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NORTH CAROLINA STATUTES AND CODES

§ 25-2-514. When documents deliverable on acceptance; when on payment.

§25‑2‑514.  When documents deliverable on acceptance; when onpayment.

Unless otherwise agreeddocuments against which a draft is drawn are to be delivered to the drawee onacceptance of the draft if it is payable more than three days afterpresentment; otherwise, only on payment. (1965, c. 700, s. 1.)

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