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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 104.3408: Drawee not liable on unaccepted draft.

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Where this section sits in the code
  1. TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
  2. CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES
  3. NEGOTIABLE INSTRUMENTS
  4. Liability of Parties

A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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