There is a newer version of the Nevada Revised Statutes
2013 Nevada Revised Statutes
Chapter 104 - Uniform Commercial Code—Original Articles
NRS 104.4501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
NV Rev Stat § 104.4501 (2013) What's This?
A bank which takes a documentary draft for collection must present or send the draft and accompanying documents for presentment and upon learning that the draft has not been paid or accepted in due course must seasonably notify its customer of such fact even though it may have discounted or bought the draft or extended credit available for withdrawal as of right.
(Added to NRS by 1965, 853)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
