Vermont § 508 - § 7—508.
Full text of Vermont Vermont Statutes Online § 508 — § 7—508., with citation guidance and answers to common questions.
§ 508. § 7—508.
- Warranties of collecting bank as to documents of title A collecting bank or other intermediary known to be entrusted with documents of title
on behalf of another or with collection of a draft or other claim against delivery
of documents warrants by the delivery of the documents only its own good faith and
authority even if the collecting bank or other intermediary has purchased or made
advances against the claim or draft to be collected. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)
Frequently Asked Questions About Vermont § 508
What does Vermont Statutes Online § 508 cover?
Section 508 ("§ 7—508.") 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 § 508?
A common citation format is "Vermont Statutes Online § 508" (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 § 508 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.