{"data":{"id":"us-nv/nrs-104.4501","jurisdiction":"us-nv","citation":"NRS 104.4501","heading":"Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.","body":"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.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES","BANK DEPOSITS AND COLLECTIONS","Collection of Documentary Drafts"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec4501","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"fcceac40448242e783a88b069e197ae9ff16306b4e61590508735998d3499565","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-104.4407","next":"us-nv/nrs-104.4502"},"notice":"GroundRules: Original legal text. Not legal advice."}