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.
Structure Alaska Statutes
Sec. 45.02.501. Insurable interest in goods; manner of identification of goods.
Sec. 45.02.502. Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.
Sec. 45.02.503. Manner of seller's tender of delivery.
Sec. 45.02.504. Shipment by seller.
Sec. 45.02.505. Seller's shipment under reservation.
Sec. 45.02.506. Rights of financing agency.
Sec. 45.02.507. Effect of seller's tender; delivery on condition.
Sec. 45.02.508. Cure by seller of improper tender or delivery; replacement.
Sec. 45.02.509. Risk of loss in the absence of breach.
Sec. 45.02.510. Effect of breach on risk of loss.
Sec. 45.02.511. Tender of payment by buyer; payment by check.
Sec. 45.02.512. Payment by buyer before inspection.
Sec. 45.02.513. Buyer's right to inspection of goods.
Sec. 45.02.514. When documents deliverable on acceptance; when on payment.