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TENNESSEE STATUTES AND CODES
47-2-514 - When documents deliverable on acceptance When on payment.
47-2-514. 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.
[Acts 1963, ch. 81, § 1 (2-514).]
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