Code of Virginia - Title 8.3A Commercial Code - Negotiable Instruments - Part 5 Dishonor

• 8.3A-501 Presentment
  (a) "Presentment" means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to ...
• 8.3A-502 Dishonor
  (a) Dishonor of a note is governed by the following rules: (1) If the note is payable on demand, the note is dishonored if presentment ...
• 8.3A-503 Notice of dishonor
  (a) The obligation of an endorser stated in § 8.3A-415 (a) and the obligation of a drawer stated § 8.3A-414 (d) may not be enforced ...
• 8.3A-504 Excused presentment and notice of dishonor
  (a) Presentment for payment or acceptance of an instrument is excused if (i) the person entitled to present the instrument cannot with reasonable diligence make ...
• 8.3A-505 Evidence of dishonor
  (a) The following are admissible as evidence and create a presumption of dishonor and of any notice of dishonor stated: (1) a document regular in ...

Last modified: April 3, 2009