Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 19 of 2024
House: Adjourned until Tuesday, April 9, 2024 1:30:00 PM
Senate: Adjourned until Tuesday, April 9, 2024 10:00:00 AM


Updated website coming soon!

Michigan Legislature

Main Content

Section 440.2514

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962


440.2514 Documents; delivery to drawee on acceptance or payment.

Sec. 2514.

   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.


History: 1962, Act 174, Eff. Jan. 1, 1964




up icon