Okla. Stat. tit. 12A, § 12A-3-410: Acceptance Varying Draft
Where this section sits in the code
- OK Code
- Title 12A
ACCEPTANCE VARYING DRAFT
(a) If the terms of a drawee's acceptance vary from the terms
of the draft as presented, the holder may refuse the acceptance and
treat the draft as dishonored. In that case, the drawee may cancel
the acceptance.
(b) The terms of a draft are not varied by an acceptance to pay
at a particular bank or place in the United States, unless the
acceptance states that the draft is to be paid only at that bank or
place.
(c) If the holder assents to an acceptance varying the terms of
a draft, the obligation of each drawer and indorser that does not
expressly assent to the acceptance is discharged.
Collected 2026-09-14T18:32:36Z. Source file · JSON