When documents deliverable on acceptance--When on payment.

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57A-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 days after presentment; otherwise, only on payment.

Source: SL 1966, ch 150, §2-514; SDCL, §57-6-37.


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