State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-2 > Section-55-2-514

55-2-514. 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.   

State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-2 > Section-55-2-514

55-2-514. 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.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-55 > Article-2 > Section-55-2-514

55-2-514. 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.