HRS §490:2-514

When to hand over documents for a draft

Read the official text at capitol.hawaii.gov ↗

This section says when the person who must pay a draft gets the documents that come with it. Unless the parties agree differently, if the draft is due more than three days after it is presented, the documents are given when the drawee accepts the draft. If the draft is due sooner, the documents are given only when the drawee pays.

borrowerscreditorsdebtorsfinancial institutions

The statute, as written — When documents deliverable on acceptance; when on payment

A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.

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.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.