§ 4502 Draft Presentment On Arrival
You order a bike online and the seller sends a check that says 'pay when the bike arrives.'
The bank can wait to ask for the money until the bike should have gotten to you. If the bike isn't there yet, the bank can say 'no' to paying. They have to tell the seller they said 'no,' but they don't have to ask again until the bike arrives or the seller tells them to.
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§ 4502 Draft Presentment On Arrival
Last verified: January 23, 2026