The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 9A : Uniform Commercial Code
Article 002 : Sales
(Cite as: 9A V.S.A. § 2-511)-
§ 2—511. Tender of payment by buyer; payment by check
(1) Unless otherwise agreed tender of payment is a condition to the seller’s duty to tender and complete any delivery.
(2) Tender of payment is sufficient when made by any means or in any manner current in the ordinary course of business unless the seller demands payment in legal tender and gives any extension of time reasonably necessary to procure it.
(3) Subject to the provisions of this title on the effect of an instrument on an obligation (§ 3—310), payment by check is conditional and is defeated as between the parties by dishonor of the check on due presentment. (Amended 1993, No. 158 (Adj. Sess.), § 8, eff. Jan. 1, 1995.)
