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.
ORS 72.5140
Known as the Uniform Commercial Code
The act spans §§ 72–72 (125 sections).
1961 c.726 §72.5140
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.