NRS 104.3412: Obligation of issuer of note or cashier’s check.
Where this section sits in the code
- TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
- CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES
- NEGOTIABLE INSTRUMENTS
- Liability of Parties
1. The issuer of a note or cashier’s check or other draft drawn on the drawer is obliged to pay the instrument:
(a) According to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder; or
(b) If the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in NRS 104.3115 and 104.3407.
2. The obligation is owed to a person entitled to enforce the instrument or to an endorser who paid the instrument under NRS 104.3415.
Collected 2026-09-03T05:51:31Z. Source file · JSON