Nev. Rev. Stat. § 104.3408

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 104.3408 - Drawee not liable on unaccepted draft

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.

NRS 104.3408

Added to NRS by 1965, 829; A 1993, 1282

(Added to NRS by 1965, 829; A 1993, 1282)-(Substituted in revision for NRS 104.3409 )