Vermont § 206 - § 4A—206.
Full text of Vermont Vermont Statutes Online § 206 — § 4A—206., with citation guidance and answers to common questions.
§ 206. § 4A—206.
- Transmission of payment order through funds-transfer or other communication system (a) If a payment order addressed to a receiving bank is transmitted to a funds-transfer
system or other third-party communication system for transmittal to the bank, the
system is deemed to be an agent of the sender for the purpose of transmitting the
payment order to the bank. If there is a discrepancy between the terms of the payment
order transmitted to the system and the terms of the payment order transmitted by
the system to the bank, the terms of the payment order of the sender are those transmitted
by the system. This section does not apply to a funds-transfer system of the Federal
Reserve Banks. (b) This section applies to cancellations and amendments of payment orders to the same
extent it applies to payment orders. (Added 1993, No. 158 (Adj. Sess.), § 14, eff. Jan. 1, 1995.)
Frequently Asked Questions About Vermont § 206
What does Vermont Statutes Online § 206 cover?
Section 206 ("§ 4A—206.") 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 § 206?
A common citation format is "Vermont Statutes Online § 206" (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 § 206 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.