{"data":{"id":"us-vt/9a-v.s.a.-4-108","jurisdiction":"us-vt","citation":"9A V.S.A. § 4—108","heading":"Time of receipt of items","body":"(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of 2 p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books.\n(b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.","path":["Title 9A: Uniform Commercial Code","Article 004: Bank Deposits and Collections"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/09A/004","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:54:21Z","sha256":"fa614163ff434c32d60238894503e3b11da7dd5272cf309949152d40c1b57810","source_id":"us-vt","stale":false,"prev":"us-vt/9a-v.s.a.-4-107","next":"us-vt/9a-v.s.a.-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}