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5 chapters · 41 sections in this title.
Va. Code Ann. § 8.4-401 When bank may charge customer's account
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(a) A bank may charge against the account of a customer an item that is properly payable from that account even though the charge creates an overdraft. An item is properly payable if it is authorized by the customer and is in accordance with any agreement between the customer and…
Va. Code Ann. § 8.4-402 Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account
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(a) Except as otherwise provided in this title, a payor bank wrongfully dishonors an item if it dishonors an item that is properly payable, but a bank may dishonor an item that would create an overdraft unless it has agreed to pay the overdraft. (b) A payor bank is liable to its …
Va. Code Ann. § 8.4-403 Customer's right to stop payment; burden of proof of loss
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(a) A customer or any person authorized to draw on the account if there is more than one person may stop payment of any item drawn on the customer's account or close the account by an order to the bank describing the item or account with reasonable certainty received at a time an…
Va. Code Ann. § 8.4-404 Bank not obligated to pay check more than six months old
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A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is presented more than six months after its date, but it may charge its customer's account for a payment made thereafter in good faith.