---
title: O.C.G.A. § 11-4-502. Presentment of “on arrival” drafts.
collection: code
id: 11-4-502
cite_as: O.C.G.A. § 11-4-502 (2025)
canonical_url: https://georgiacommons.org/code/11-4-502
md_url: https://georgiacommons.org/code/11-4-502.md
text_url: https://georgiacommons.org/code/11-4-502/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=537
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/11-4.md
previous: https://georgiacommons.org/code/11-4-501.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCIAL CODE / BANK DEPOSITS AND COLLECTIONS / COLLECTION OF DOCUMENTARY DRAFTS
---

# O.C.G.A. § 11-4-502. Presentment of “on arrival” drafts.

If a draft or the relevant instructions require presentment “on arrival,” “when goods arrive,” or the like, the collecting bank need not present until in its judgment a reasonable time for arrival of the goods has expired. Refusal to pay or accept because the goods have not arrived is not dishonor; the bank must notify its transferor of the refusal but need not present the draft again until it is instructed to do so or learns of the arrival of the goods.

## History

Code 1933, § 109A-4-502, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 1996, p. 1306, § 14.