810 ILCS 5/2-514

810 ILCS 5/2-514
in effect
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(810 ILCS 5/2-514) (from Ch. 26, par. 2-514) Sec. 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 3 days after presentment; otherwise, only on payment. (Source: Laws 1961, p. 2101.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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