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. § 3-117)
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§ 3—117. Other agreements affecting instrument
Subject to applicable law regarding exclusion of proof of contemporaneous or previous
agreements, the obligation of a party to an instrument to pay the instrument may be
modified, supplemented, or nullified by a separate agreement of the obligor and a
person entitled to enforce the instrument, if the instrument is issued or the obligation
is incurred in reliance on the agreement or as part of the same transaction giving
rise to the agreement. To the extent an obligation is modified, supplemented, or nullified
by an agreement under this section, the agreement is a defense to the obligation. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)