Printable Format84-2-514. 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.
History: L. 1965, ch. 564, ยง 79; January 1, 1966.
KANSAS COMMENT, 1996
This section states the right of a drawee to obtain the documents against which a draft is drawn in documentary sales. See also 84-4-503. "Acceptance" as used in this section is defined in 84-3-409(a).