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.
Cal. Com. Code § 2514
Performance
Known as the Uniform Commercial Code
The act spans §§ 1101–12107 (623 sections).
Enacted by Stats. 1963, Ch. 819.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.