§ 8.4-401 When bank may charge customer’s account
§ 8.4-402 Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account
§ 8.4-403 Customer’s right to stop payment; burden of proof of loss
§ 8.4-404 Bank not obligated to pay check more than six months old
§ 8.4-405 Death or incompetence of customer
§ 8.4-406 Customer’s duty to discover and report unauthorized signature or alteration
§ 8.4-407 Payor bank’s right to subrogation on improper payment
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Terms Used In Virginia Code > Title 8.4 > Part 4 - Relationship Between Payor Bank and Its Customer

  • Account: means any deposit or credit account with a bank including demand, time savings passbook, share draft, or like account, other than an account evidenced by a certificate of deposit;

    (2) "Afternoon" means the period of a day between noon and midnight;

    (3) "Banking day" means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions, but shall not include Saturday, Sunday or a legal holiday;

    (4) "Clearing house" means an association of banks or other payors regularly clearing items;

    (5) "Customer" means a person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank;

    (6) "Documentary draft" means any negotiable or nonnegotiable draft with accompanying documents, securities or other papers to be delivered against honor of the draft; or a draft to be presented for acceptance or payment if specified documents, certificated securities (§ Virginia Code 8.4-104

  • Arrest: Taking physical custody of a person by lawful authority.
  • Vehicle: means every device in, on or by which any person or property is or may be transported or drawn on a highway, except personal delivery devices and devices moved by human power or used exclusively on stationary rails or tracks. See Virginia Code 46.2-100