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.
(Code 1933, § 109A-2 - 514, enacted by Ga. L. 1962, p. 156, § 1.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 13 Am. Jur. 2d, Carriers, § 367.
6 Am. Jur. Pleading and Practice Forms, Commercial Code, § 2:370.
C.J.S.- 77A C.J.S., Sales, §§ 153, 208.
U.L.A.- Uniform Commercial Code (U.L.A.) § 2-514.