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. § 3-409)
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§ 3—409. Acceptance of draft; certified check
(a) “Acceptance” means the drawee’s signed agreement to pay a draft as presented. It must
be written on the draft and may consist of the drawee’s signature alone. Acceptance
may be made at any time and becomes effective when notification pursuant to instructions
is given or the accepted draft is delivered for the purpose of giving rights on the
acceptance to any person.
(b) A draft may be accepted although it has not been signed by the drawer, is otherwise
incomplete, is overdue, or has been dishonored.
(c) If a draft is payable at a fixed period after sight and the acceptor fails to date
the acceptance, the holder may complete the acceptance by supplying a date in good
faith.
(d) “Certified check” means a check accepted by the bank on which it is drawn. Acceptance
may be made as stated in subsection (a) of this section or by a writing on the check
which indicates that the check is certified. The drawee of a check has no obligation
to certify the check, and refusal to certify is not dishonor of the check. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)