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 3 days after presentment; otherwise only on payment. <div
Me. Rev. Stat. tit. 11, § 2-514
When documents deliverable on acceptance; when on payment
Known as the Uniform Commercial Code
The act spans §§ 2–9 (548 sections).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.