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. § 4A-401)
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§ 4A—401. Payment date
“Payment date” of a payment order means the day on which the amount of the order is
payable to the beneficiary by the beneficiary’s bank. The payment date may be determined
by instruction of the sender but cannot be earlier than the day the order is received
by the beneficiary’s bank and, unless otherwise determined, is the day the order is
received by the beneficiary’s bank. (Added 1993, No. 158 (Adj. Sess.), § 14, eff. Jan. 1, 1995.)