                                 CODE OF VIRGINIA

PLACE OF PAYMENT (§ 8.3A-111)

Except as otherwise provided for items in Title 8.4, an instrument is payable at
the place of payment stated in the instrument. If no place of payment is stated,
an instrument is payable at the address of the drawee or maker stated in the
instrument. If no address is stated, the place of payment is the place of
business of the drawee or maker. If a drawee or maker has more than one place of
business, the place of payment is any place of business of the drawee or maker
chosen by the person entitled to enforce the instrument. If the drawee or maker
has no place of business, the place of payment is the residence of the drawee or
maker.

HISTORY: 1964, c. 219, § 8.3-501; 1992, c. 693.