Alaska Statutes.
Title 45. Trade and Commerce
Chapter 2. Sales
Section 514. When Documents Deliverable On Acceptance; When On Payment.
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AS 45.02.514. 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.

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