The Vermont Statutes Online
The Statutes below include the actions of the 2025 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.
(Cite as: 9A V.S.A. § 4-108)
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§ 4—108. Time of receipt of items
(a) For the purpose of allowing time to process items, prove balances, and make the necessary
entries on its books to determine its position for the day, a bank may fix an afternoon
hour of 2 p.m. or later as a cutoff hour for the handling of money and items and the
making of entries on its books.
(b) An item or deposit of money received on any day after a cutoff hour so fixed or after
the close of the banking day may be treated as being received at the opening of the
next banking day. (Added 1993, No. 158 (Adj. Sess.), § 13, eff. Jan. 1, 1995.)