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Terms Used In Vermont Statutes Title 9 Sec. 4-206

  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See

§ 4—206. Transfer between banks

Any agreed method that identifies the transferor bank is sufficient for the item‘s further transfer to another bank. (Added 1993, No. 158 (Adj. Sess.), § 13, eff. Jan. 1, 1995.)