Vermont § 205 - § 4A—205.

§ 205. § 4A—205.

• Erroneous payment orders (a) If an accepted payment order was transmitted pursuant to a security procedure for
  the detection of error and the payment order (i) erroneously instructed payment to
  a beneficiary not intended by the sender, (ii) erroneously instructed payment in an
  amount greater than the amount intended by the sender, or (iii) was an erroneously
  transmitted duplicate of a payment order previously sent by the sender, the following
  rules apply: (1) If the sender proves that the sender or a person acting on behalf of the sender pursuant
  to section 4A—206 of this title complied with the security procedure and that the error would have been detected
  if the receiving bank had also complied, the sender is not obliged to pay the order
  to the extent stated in subdivisions (2) and (3) of this subsection. (2) If the funds transfer is completed on the basis of an erroneous payment order described
  in clause (i) or (iii) of subsection (a) of this section, the sender is not obliged
  to pay the order and the receiving bank is entitled to recover from the beneficiary
  any amount paid to the beneficiary to the extent allowed by the law governing mistake
  and restitution. (3) If the funds transfer is completed on the basis of a payment order described in clause
  (ii) of subsection (a) of this section, the sender is not obliged to pay the order
  to the extent the amount received by the beneficiary is greater than the amount intended
  by the sender. In that case, the receiving bank is entitled to recover from the beneficiary
  the excess amount received to the extent allowed by the law governing mistake and
  restitution. (b) If (i) the sender of an erroneous payment order described in subsection (a) of this
  section is not obliged to pay all or part of the order, and (ii) the sender receives
  notification from the receiving bank that the order was accepted by the bank or that
  the sender’s account was debited with respect to the order, the sender has a duty
  to exercise ordinary care, on the basis of information available to the sender, to
  discover the error with respect to the order and to advise the bank of the relevant
  facts within a reasonable time, not exceeding 90 days, after the bank’s notification
  was received by the sender. If the bank proves that the sender failed to perform that
  duty, the sender is liable to the bank for the loss the bank proves it incurred as
  a result of the failure, but the liability of the sender may not exceed the amount
  of the sender’s order. (c) This section applies to amendments to payment orders to the same extent it applies
  to payment orders. (Added 1993, No. 158 (Adj. Sess.), § 14, eff. Jan. 1, 1995.)