Vermont § 105 - § 3—105.

Full text of Vermont Vermont Statutes Online § 105 — § 3—105., with citation guidance and answers to common questions.

§ 105. § 3—105.

  • Issue of instrument (a) “Issue” means: (1) the first delivery of an instrument by the maker or drawer, whether to a holder or
    nonholder, for the purpose of giving rights on the instrument to any person; or (2) if agreed by the payee, the first transmission by the drawer to the payee of an image
    of an item and information derived from the item that enables the depositary bank
    to collect the item by transferring or presenting under federal law an electronic
    check. (b) An unissued instrument, or an unissued incomplete instrument that is completed, is
    binding on the maker or drawer, but nonissuance is a defense. An instrument that is
    conditionally issued or is issued for a special purpose is binding on the maker or
    drawer, but failure of the condition or special purpose to be fulfilled is a defense. (c) “Issuer” applies to issued and unissued instruments and means a maker or drawer of
    an instrument. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995; amended 2025, No. 17, § 4, eff. July 1, 2025.)

Frequently Asked Questions About Vermont § 105

What does Vermont Statutes Online § 105 cover?

Section 105 ("§ 3—105.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 105?

A common citation format is "Vermont Statutes Online § 105" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 105 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.