Commercial Paper

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  2. Vermont Statutes
  3. Uniform Commercial Code
  4. Commercial Paper

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Section
3-101

Short title

Section
3-102

Subject matter

Section
3-103

Definitions

Section
3-104

Negotiable instrument

Section
3-105

Issue of instrument

Section
3-106

Unconditional promise or order

Section
3-107

Instrument payable in foreign money

Section
3-108

Payable on demand or at definite time

Section
3-109

Payable to bearer or to order

Section
3-110

Identification of person to whom instrument is payable

Section
3-111

Place of payment

Section
3-112

Interest

Section
3-113

Date of instrument

Section
3-114

Contradictory terms of instrument

Section
3-115

Incomplete instrument

Section
3-116

Joint and several liability; contribution

Section
3-117

Other agreements affecting instrument

Section
3-118

Statute of limitations

Section
3-119

Notice of right to defend action

Section
3-201

Negotiation

Section
3-202

Negotiation subject to rescission

Section
3-203

Transfer of instrument; rights acquired by transfer

Section
3-204

Indorsement

Section
3-205

Special indorsement; blank indorsement; anomalous indorsement

Section
3-206

Restrictive indorsement

Section
3-207

Reacquisition

Section
3-301

Person entitled to enforce instrument

Section
3-302

Holder in due course

Section
3-303

Value and consideration

Section
3-304

Overdue instrument

Section
3-305

Defenses and claims in recoupment

Section
3-306

Claims to an instrument

Section
3-307

Notice of breach of fiduciary duty

Section
3-308

Proof of signatures and status as holder in due course

Section
3-309

Enforcement of lost, destroyed, or stolen instrument

Section
3-310

Effect of instrument on obligation for which taken

Section
3-311

Accord and satisfaction by use of instrument

Section
3-312

Lost, destroyed, or stolen cashier's check, teller's check, or certified check

Section
3-401

Signature

Section
3-402

Signature by representative

Section
3-403

Unauthorized signature

Section
3-404

Impostors; fictitious payees

Section
3-405

Employer's responsibility for fraudulent indorsement by employee

Section
3-406

Negligence contributing to forged signature or alteration of instrument

Section
3-407

Alteration

Section
3-408

Drawee not liable on unaccepted draft

Section
3-409

Acceptance of draft; certified check

Section
3-410

Acceptance varying draft

Section
3-411

Refusal to pay cashier's checks, teller's checks, and certified checks

Section
3-412

Obligation of issuer of note or cashier's check

Section
3-413

Obligation of acceptor

Section
3-414

Obligation of drawer

Section
3-415

Obligation of indorser

Section
3-416

Transfer warranties

Section
3-417

Presentment warranties

Section
3-418

Payment or acceptance by mistake

Section
3-419

Instruments signed for accommodation

Section
3-420

Conversion of instrument

Section
3-501

Presentment

Section
3-502

Dishonor

Section
3-503

Notice of dishonor

Section
3-504

Excused presentment and notice of dishonor

Section
3-505

Evidence of dishonor

Section
3-601

Discharge and effect of discharge

Section
3-602

Payment

Section
3-603

Tender of payment

Section
3-604

Discharge by cancellation or renunciation

Section
3-605

Discharge of indorsers and accommodation parties