Unless otherwise agreed documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft ifitis payable more than three days after presentment; otherwise, only on payment. [S13, §3138-b40; C24, 27, 31, 35, 39, §8285; C46, 50, 54, 58, 62, §487.41; C66, 71, 73, 75, 77, 79, 81, §554.2514]
‹ Prev All Iowa sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.