Vermont § 109 - § 3—109.
Full text of Vermont Vermont Statutes Online § 109 — § 3—109., with citation guidance and answers to common questions.
§ 109. § 3—109.
- Payable to bearer or to order (a) A promise or order is payable to bearer if it: (1) states that it is payable to bearer or to the order of bearer or otherwise indicates
that the person in possession of the promise or order is entitled to payment; (2) does not state a payee; or (3) states that it is payable to or to the order of cash or otherwise indicates that it
is not payable to an identified person. (b) A promise or order that is not payable to bearer is payable to order if it is payable
(i) to the order of an identified person or (ii) to an identified person or order.
A promise or order that is payable to order is payable to the identified person. (c) An instrument payable to bearer may become payable to an identified person if it is
specially indorsed pursuant to section 3—205(a) of this title. An instrument payable to an identified person may become payable to bearer if it
is indorsed in blank pursuant to section 3—205(b) of this title. (Added 1993, No. 158 (Adj. Sess.), § 12, eff. Jan. 1, 1995.)
Frequently Asked Questions About Vermont § 109
What does Vermont Statutes Online § 109 cover?
Section 109 ("§ 3—109.") 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 § 109?
A common citation format is "Vermont Statutes Online § 109" (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 § 109 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.