Vermont § 203 - § 4A—203.

§ 203. § 4A—203.

• Unenforceability of certain verified payment orders (a) If an accepted payment order is not, under subsection 4A—202(a) of this title, an authorized order of a customer identified as sender, but is effective as an order
  of the customer pursuant to subsection 4A—202(b) of this title, the following rules apply: (1) By express agreement evidenced by a record, the receiving bank may limit the extent
  to which it is entitled to enforce or retain payment of the payment order. (2) The receiving bank is not entitled to enforce or retain payment of the payment order
  if the customer proves that the order was not caused, directly or indirectly, by a
  person (i) entrusted at any time with duties to act for the customer with respect
  to payment orders or the security procedure, or (ii) who obtained access to transmitting
  facilities of the customer or who obtained, from a source controlled by the customer
  and without authority of the receiving bank, information facilitating breach of the
  security procedure, regardless of how the information was obtained or whether the
  customer was at fault. Information includes any access device, computer software,
  or the like. (b) This section applies to amendments of payment orders to the same extent it applies
  to payment orders. (Added 1993, No. 158 (Adj. Sess.), § 14, eff. Jan. 1, 1995; amended 2025, No. 17, § 5, eff. July 1, 2025.)