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Home » US Law » 2021 Tennessee Code » Title 47 - Commercial Instruments and Transactions » Chapter 2 - Sales » Part 5 - Performance » § 47-2-514. 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 (3) days after presentment; otherwise, only on payment.