{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.3A-501.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.3A-501.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.3A-501.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.3A-501.html"}],"law_id":87167,"edition_id":1,"section_id":87167,"structure_id":14055,"section_number":"8.3A-501","catch_line":"Presentment","history":"Code 1950, \u00a7\u00a7 6-425, 6-426, 6-427, 6-436, 6-498, 6-502; 1964, c. 219, \u00a7\u00a7 8.3-504, 8.3-505, 8.3-507; 1992, c. 693.","full_text":"a\n\n“Presentment” means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to the drawee or a party obliged to pay the instrument or, in the case of a note or accepted draft payable at a bank, to the bank, or (ii) to accept a draft made to the drawee.b\n\nThe following rules are subject to Title 8.4 agreement of the parties, and clearing-house rules and the like:1\n\nPresentment may be made at the place of payment of the instrument and must be made at the place of payment if the instrument is payable at a bank in the United States; may be made by any commercially reasonable means, including an oral, written, or electronic communication; is effective when the demand for payment or acceptance is received by the person to whom presentment is made; and is effective if made to any one of two or more makers, acceptors, drawees, or other payors.2\n\nUpon demand of the person to whom presentment is made, the person making presentment must (i) exhibit the instrument, (ii) give reasonable identification and, if presentment is made on behalf of another person, reasonable evidence of authority to do so, and (iii) sign a receipt on the instrument for any payment made or surrender the instrument if full payment is made.3\n\nWithout dishonoring the instrument, the party to whom presentment is made may (i) return the instrument for lack of a necessary endorsement, or (ii) refuse payment or acceptance for failure of the presentment to comply with the terms of the instrument, an agreement of the parties, or other applicable law or rule.4\n\nThe party to whom presentment is made may treat presentment as occurring on the next business day after the day of presentment if the party to whom presentment is made has established a cut-off hour not earlier than 2 p.m. for the receipt and processing of instruments presented for payment or acceptance and presentment is made after the cut-off hour.","order_by":null,"text":{"0":{"id":312105,"text":"“Presentment” means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to the drawee or a party obliged to pay the instrument or, in the case of a note or accepted draft payable at a bank, to the bank, or (ii) to accept a draft made to the drawee.","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"b"},"1":{"id":312106,"text":"The following rules are subject to Title 8.4 agreement of the parties, and clearing-house rules and the like:","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a","next_prefix":"b1"},"2":{"id":312107,"text":"Presentment may be made at the place of payment of the instrument and must be made at the place of payment if the instrument is payable at a bank in the United States; may be made by any commercially reasonable means, including an oral, written, or electronic communication; is effective when the demand for payment or acceptance is received by the person to whom presentment is made; and is effective if made to any one of two or more makers, acceptors, drawees, or other payors.","type":"section","prefixes":["b","1"],"prefix":"1","entire_prefix":"b1","prefix_anchor":"b1","level":2,"prior_prefix":"b","next_prefix":"b2"},"3":{"id":312108,"text":"Upon demand of the person to whom presentment is made, the person making presentment must (i) exhibit the instrument, (ii) give reasonable identification and, if presentment is made on behalf of another person, reasonable evidence of authority to do so, and (iii) sign a receipt on the instrument for any payment made or surrender the instrument if full payment is made.","type":"section","prefixes":["b","2"],"prefix":"2","entire_prefix":"b2","prefix_anchor":"b2","level":2,"prior_prefix":"b1","next_prefix":"b3"},"4":{"id":312109,"text":"Without dishonoring the instrument, the party to whom presentment is made may (i) return the instrument for lack of a necessary endorsement, or (ii) refuse payment or acceptance for failure of the presentment to comply with the terms of the instrument, an agreement of the parties, or other applicable law or rule.","type":"section","prefixes":["b","3"],"prefix":"3","entire_prefix":"b3","prefix_anchor":"b3","level":2,"prior_prefix":"b2","next_prefix":"b4"},"5":{"id":312110,"text":"The party to whom presentment is made may treat presentment as occurring on the next business day after the day of presentment if the party to whom presentment is made has established a cut-off hour not earlier than 2 p.m. for the receipt and processing of instruments presented for payment or acceptance and presentment is made after the cut-off hour.","type":"section","prefixes":["b","4"],"prefix":"4","entire_prefix":"b4","prefix_anchor":"b4","level":2,"prior_prefix":"b3"}},"ancestry":[{"id":14055,"edition_id":1,"name":"Dishonor","identifier":"5","label":"part","depth":2,"order_by":1,"parent_id":13054,"metadata":{},"date_created":"2026-06-26 03:46:43","date_modified":"2026-06-26 03:46:43","permalink":{"id":282951,"object_type":"structure","relational_id":14055,"identifier":"5","token":"8.3A\/5","url":"\/8.3A\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13054,"edition_id":1,"name":"Commercial Code \u2014 Negotiable Instruments","identifier":"8.3A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:11","date_modified":"2026-06-26 03:44:11","permalink":{"id":282705,"object_type":"structure","relational_id":13054,"identifier":"8.3A","token":"8.3A","url":"\/8.3A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":87167,"structure_id":14055,"section_number":"8.3A-501","catch_line":"Presentment","url":"\/8.3A-501\/","token":"8.3A\/5\/8.3A-501","metadata":false},{"id":60859,"structure_id":14055,"section_number":"8.3A-502","catch_line":"Dishonor","url":"\/8.3A-502\/","token":"8.3A\/5\/8.3A-502","metadata":false},{"id":57454,"structure_id":14055,"section_number":"8.3A-503","catch_line":"Notice of dishonor","url":"\/8.3A-503\/","token":"8.3A\/5\/8.3A-503","metadata":false},{"id":55156,"structure_id":14055,"section_number":"8.3A-504","catch_line":"Excused presentment and notice of dishonor","url":"\/8.3A-504\/","token":"8.3A\/5\/8.3A-504","metadata":false},{"id":74618,"structure_id":14055,"section_number":"8.3A-505","catch_line":"Evidence of dishonor","url":"\/8.3A-505\/","token":"8.3A\/5\/8.3A-505","metadata":false}],"next_section":{"id":60859,"structure_id":14055,"section_number":"8.3A-502","catch_line":"Dishonor","url":"\/8.3A-502\/","token":"8.3A\/5\/8.3A-502","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.3A-501\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1964, chapter 219; in 1992, chapter 693.<\/p>","references":[{"id":77332,"section_number":"8.3A-103","catch_line":"Definitions","order_by":null,"url":"\/8.3A-103\/"},{"id":73125,"section_number":"8.4-104","catch_line":"Definitions and index of definitions","order_by":null,"url":"\/8.4-104\/"},{"id":64339,"section_number":"8.4-210","catch_line":"Presentment by notice of item not payable by, through or at a bank; liability of drawer or endorser","order_by":null,"url":"\/8.4-210\/"}],"refers_to":false,"permalink":{"id":282953,"object_type":"law","relational_id":87167,"identifier":"8.3A-501","token":"8.3A\/5\/8.3A-501","url":"\/8.3A-501\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.3A-501\/","token":"8.3A\/5\/8.3A-501","dublin_core":{"Title":"Presentment","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.3A-501","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

a.<\/span> “Presentment<\/span>” means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to the drawee or a party<\/span> obliged to pay the instrument or, in the case of a note or accepted draft payable at a bank, to the bank, or (ii) to accept a draft made to the drawee. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> The following rules are subject to Title 8.4 agreement of the parties, and clearing-house rules and the like: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Presentment<\/span> may be made at the place of payment of the instrument and must be made at the place of payment if the instrument is payable at a bank in the United States; may be made by any commercially reasonable means, including an oral, written, or electronic communication; is effective when the demand for payment or acceptance is received by the person to whom presentment<\/span> is made; and is effective if made to any one of two or more makers, acceptors, drawees, or other payors. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Upon demand of the person to whom presentment<\/span> is made, the person making presentment<\/span> must (i) exhibit the instrument, (ii) give reasonable identification and, if presentment<\/span> is made on behalf of another person, reasonable evidence<\/span> of authority to do so, and (iii) sign a receipt on the instrument for any payment made or surrender the instrument if full payment is made. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Without dishonoring the instrument, the party<\/span> to whom presentment<\/span> is made may (i) return the instrument for lack of a necessary endorsement, or (ii) refuse payment or acceptance for failure of the presentment<\/span> to comply with the terms of the instrument, an agreement of the parties, or other applicable law<\/span> or rule. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> The party<\/span> to whom presentment<\/span> is made may treat presentment<\/span> as occurring on the next business day after the day of presentment<\/span> if the party<\/span> to whom presentment<\/span> is made has established a cut-off hour not earlier than 2 p.m. for the receipt and processing of instruments presented for payment or acceptance and presentment<\/span> is made after the cut-off hour. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPRESENTMENT (\u00a7 8.3A-501)\n\na. “Presentment” means a demand made by or on behalf of a person\nentitled to enforce an instrument (i) to pay the instrument made to the drawee\nor a party obliged to pay the instrument or, in the case of a note or accepted\ndraft payable at a bank, to the bank, or (ii) to accept a draft made to the\ndrawee.\n\nb. The following rules are subject to Title 8.4 agreement of the parties, and\nclearing-house rules and the like:\n\n 1. Presentment may be made at the place of payment of the instrument and must\n be made at the place of payment if the instrument is payable at a bank in the\n United States; may be made by any commercially reasonable means, including an\n oral, written, or electronic communication; is effective when the demand for\n payment or acceptance is received by the person to whom presentment is made;\n and is effective if made to any one of two or more makers, acceptors, drawees,\n or other payors.\n\n 2. Upon demand of the person to whom presentment is made, the person making\n presentment must (i) exhibit the instrument, (ii) give reasonable\n identification and, if presentment is made on behalf of another person,\n reasonable evidence of authority to do so, and (iii) sign a receipt on the\n instrument for any payment made or surrender the instrument if full payment is\n made.\n\n 3. Without dishonoring the instrument, the party to whom presentment is made\n may (i) return the instrument for lack of a necessary endorsement, or (ii)\n refuse payment or acceptance for failure of the presentment to comply with the\n terms of the instrument, an agreement of the parties, or other applicable law\n or rule.\n\n 4. The party to whom presentment is made may treat presentment as occurring on\n the next business day after the day of presentment if the party to whom\n presentment is made has established a cut-off hour not earlier than 2 p.m. for\n the receipt and processing of instruments presented for payment or acceptance\n and presentment is made after the cut-off hour.\n\nHISTORY: Code 1950, \u00a7\u00a7 6-425, 6-426, 6-427, 6-436, 6-498, 6-502; 1964, c. 219,\n\u00a7\u00a7 8.3-504, 8.3-505, 8.3-507; 1992, c. 693.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}