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2005 Vermont Code - § 592. — Indorsement or memorandum of payment

§ 592. Indorsement or memorandum of payment

This chapter shall not alter or take away the effect of the payment of any principal or interest; but an indorsement or memorandum of such payment made upon a promissory note, bill of exchange or other writing, unless in the handwriting of the party making the payment, shall not be proof of the payment sufficient to take the cause out of the provisions of this chapter.

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