Nev. Rev. Stat. § 104.9708 — NV Code / Title 8 / Chapter 104 / Section 104.9708
Determination of priority of conflicting claims to collateral
Status: in_force

1. NRS 104.9101 to 104.9709 , inclusive, determine the priority of conflicting claims to collateral. However, if the relative priorities of the parties were fixed before July 1, 2001, the provisions of article 9 which were in effect before July 1, 2001, determine priority.

2. For purposes of subsection 1 of NRS 104.9322 , the priority of a security interest that becomes enforceable under NRS 104.9203 dates from July 1, 2001, if the security interest is perfected under this article as amended by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under the provisions of article 9 which were in effect before that date. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.
Nev. Rev. Stat. § 104.5109 — NV Code / Title 8 / Chapter 104 / Section 104.5109
Fraud and forgery
Status: in_force

1. If a presentation is made that appears on its face strictly to comply with the terms and conditions of a letter of credit, but a required document is forged or materially fraudulent, or honor of the presentation would facilitate a material fraud by the beneficiary on the issuer or applicant: (a) The issuer shall honor the presentation, if honor is demanded by a nominated person who has given value in good faith and without notice of forgery or material fraud, a confirmer who has honored his or her confirmation in good faith, a holder in due course of a draft drawn under the letter of credit which was taken after acceptance by the issuer or nominated person, or an assignee of the issuer's or nominated person's deferred obligation that was taken for value and without notice of forgery or material fraud after the obligation was incurred by the issuer or nominated person; and (b) The issuer, acting in good faith, may honor or dishonor the presentation in any other case.

2. If an applicant claims that a required document is forged or materially fraudulent or that honor of the presentation would facilitate a material fraud by the beneficiary on the issuer or applicant, a court of competent jurisdiction may temporarily or permanently enjoin the issuer from honoring the presentation or grant similar relief against the issuer or other persons only if the court finds that: (a) The relief is not prohibited under the law applicable to an accepted draft or deferred obligation incurred by the issuer; (b) A beneficiary, issuer or nominated person who may be adversely affected is adequately protected against loss that it may suffer because the relief is granted; (c) All of the conditions to entitle a person to the relief under the law of this State have been met; and (d) On the basis of the information submitted to the court, the applicant is more likely than not to succeed under its claim of forgery or material fraud and the person demanding honor does not qualify for protection under paragraph (a) of subsection 1.
Nev. Rev. Stat. § 104.2610 — NV Code / Title 8 / Chapter 104 / Section 104.2610
Anticipatory repudiation
Status: in_force

When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may:

1. For a commercially reasonable time await performance by the repudiating party; or

2. Resort to any remedy for breach ( NRS 104.2703 or 104.2711 ), even though he or she has notified the repudiating party that he or she would await the latter's performance and has urged retraction; and

3. In either case suspend his or her own performance or proceeding in accordance with the provisions of this Article on the seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods ( NRS 104.2704 ).
Nev. Rev. Stat. § 102.040 — NV Code / Title 8 / Chapter 102 / Section 102.040
Fraudulent transactions
Status: in_force

Nothing herein shall validate a transaction within its provisions which is actually or constructively fraudulent.
Nev. Rev. Stat. § 104.9402 — NV Code / Title 8 / Chapter 104 / Section 104.9402
Secured party not obligated in contract of debtor or in tort
Status: in_force

The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not impose upon a secured party liability in contract or tort for the debtor's acts or omissions.
Nev. Rev. Stat. § 104.8511 — NV Code / Title 8 / Chapter 104 / Section 104.8511
Priority among security interests and entitlement holders
Status: in_force

1. Except as otherwise provided in subsections 2 and 3, if a securities intermediary does not have sufficient interests in a particular financial asset to satisfy both its obligations to entitlement holders who have security entitlements to that financial asset and its obligation to a creditor of the securities intermediary who has a security interest in that financial asset, the claims of entitlement holders, other than the creditor, have priority over the claim of the creditor.

2. A claim of a creditor of a securities intermediary who has a security interest in a financial asset held by a securities intermediary has priority over claims of the entitlement holders of the securities intermediary who have security entitlements with respect to that financial asset if the creditor has control over the financial asset.

3. If a clearing corporation does not have sufficient financial assets to satisfy both its obligations to entitlement holders who have security entitlements with respect to a financial asset and its obligation to a creditor of the clearing corporation who has a security interest in that financial asset, the claim of the creditor has priority over the claims of entitlement holders.
Nev. Rev. Stat. § 104.7304 — NV Code / Title 8 / Chapter 104 / Section 104.7304
Tangible bills of lading in set
Status: in_force

1. Except as customary in international transportation, a tangible bill of lading may not be issued in a set of parts. The issuer is liable for damages caused by violation of this subsection.

2. If a tangible bill of lading is lawfully issued in a set of parts, each of which contains an identification code and is expressed to be valid only if the goods have not been delivered against any other part, the whole of the parts constitutes one bill.

3. If a tangible negotiable bill of lading is lawfully issued in a set of parts and different parts are negotiated to different persons, the title of the holder to which the first due negotiation is made prevails as to both the document of title and the goods even if any later holder may have received the goods from the carrier in good faith and discharged the carrier's obligation by surrendering its part.

4. A person that negotiates or transfers a single part of a tangible bill of lading issued in a set is liable to holders of that part as if it were the whole set.

5. The bailee shall deliver in accordance with NRS 104.7401 to 104.7404 , inclusive, against the first presented part of a tangible bill of lading lawfully issued in a set. Delivery in this manner discharges the bailee's obligation on the whole bill.
Nev. Rev. Stat. § 104.8101 — NV Code / Title 8 / Chapter 104 / Section 104.8101
Short title
Status: in_force

This article may be cited as Uniform Commercial Code--Investment Securities.
Nev. Rev. Stat. § 100.030 — NV Code / Title 8 / Chapter 100 / Section 100.030
NRS 100.010 and 100.020 not to affect prior liens
Status: in_force

Nothing contained in NRS 100.010 and 100.020 shall be construed to affect any homestead claims, mortgage or lien of any description, created and existing before the claim of such laborer accrued.
Nev. Rev. Stat. § 97A.060 — NV Code / Title 8 / Chapter 97A / Section 97A.060
“Credit card account” defined
Status: in_force

“Credit card account” means an open line of credit offered by an issuer to a cardholder which is accessed by obtaining money, property, goods, services or anything of value by the use of a credit card.
Nev. Rev. Stat. § 104.4502 — NV Code / Title 8 / Chapter 104 / Section 104.4502
Presentment of “on arrival” drafts
Status: in_force

When a draft or the relevant instructions require presentment “on arrival,” “when goods arrive” or the like, the collecting bank need not present until in its judgment a reasonable time for arrival of the goods has expired. Refusal to pay or accept because the goods have not arrived is not dishonor; the bank must notify its transferor of such refusal but need not present the draft again until it is instructed to do so or learns of the arrival of the goods.
Nev. Rev. Stat. § 104.9109 — NV Code / Title 8 / Chapter 104 / Section 104.9109
Scope of applicability
Status: in_force

1. Except as otherwise provided in subsections 3 and 4, this Article applies to: (a) A transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract; (b) An agricultural lien; (c) A sale of accounts, chattel paper, payment intangibles or promissory notes; (d) A consignment; (e) A security interest arising under NRS 104.2401 , 104.2505, subsection 3 of NRS 104.2711 or subsection 5 of NRS 104A.2508 , as provided in NRS 104.9110 ; and (f) A security interest arising under NRS 104.4210 or 104.5118 .

2. The application of this Article to a security interest in a secured obligation is not affected by the fact that the obligation is itself secured by a transaction or interest to which this Article does not apply.

3. This Article does not apply to the extent that: (a) A statute, regulation or treaty of the United States preempts this Article; or (b) The rights of a transferee beneficiary or nominated person under a letter of credit are independent and superior under NRS 104.5114 .

4. This Article does not apply to: (a) A landlord's lien, other than an agricultural lien; (b) A lien, other than an agricultural lien, given by statute or other rule of law for services or materials, but NRS 104.9333 applies with respect to priority of the lien; (c) An assignment of a claim for wages, salary or other compensation of an employee; (d) A sale of accounts, chattel paper, payment intangibles or promissory notes as part of a sale of the business out of which they arose; (e) An assignment of accounts, chattel paper, payment intangibles or promissory notes which is for the purpose of collection only; (f) An assignment of a right to payment under a contract to an assignee that is also obligated to perform under the contract; (g) An assignment of a single account, payment intangible or promissory note to an assignee in full or partial satisfaction of a preexisting indebtedness; (h) A transfer of an interest in or an assignment of a claim under a policy of insurance, other than an assignment by or to a health-care provider of a health-care-insurance receivable and any subsequent assignment of the right to payment, but NRS 104.9315 and 104.9322 apply with respect to proceeds and priorities in proceeds; (i) An assignment of a right represented by a judgment, other than a judgment taken on a right to payment that was collateral; (j) A right of recoupment or setoff, but: (1) NRS 104.9340 applies with respect to the effectiveness of rights of recoupment or setoff against deposit accounts; and (2) NRS 104.9404 applies with respect to defenses or claims of an account debtor; (k) The creation or transfer of an interest in or lien on real property, including a lease or rents thereunder, except to the extent that provision is made for: (1) Liens on real property in NRS 104.9203 and 104.9308 ; (2) Fixtures in NRS 104.9334 ; (3) Fixture filings in NRS 104.9501 , 104.9502 , 104.9512 , 104.9516 and 104.9519 ; and (4) Security agreements covering personal and real property in NRS 104.9604 ; (l) An assignment of a claim arising in tort, other than a commercial tort claim, but NRS 104.9315 and 104.9322 apply with respect to proceeds and priorities in proceeds; (m) An assignment of a deposit account in a consumer transaction, but NRS 104.9315 and 104.9322 apply with respect to proceeds and priorities in proceeds; or (n) A transfer by a government or governmental unit.
Nev. Rev. Stat. § 97A.150 — NV Code / Title 8 / Chapter 97A / Section 97A.150
Liability for charges incurred on credit card account
Status: in_force

1. A cardholder is personally liable for all charges incurred on his or her credit card account by: (a) The cardholder or an authorized user; and (b) Any other person if the charges result in a beneficial use to the cardholder.

2. An authorized user is jointly and severally liable for the actual charges the authorized user incurs on the credit card account of the cardholder.

3. Any person, other than the cardholder or an authorized user, is liable for all charges the person incurs on the credit card account of the cardholder, except for the amount for which the cardholder is liable pursuant to 15 U.S.C. § 1643 .

4. Any person who causes an issuer to open a credit card account based on a false or fraudulent application is liable to the issuer for all charges incurred on the account, without regard to whether the charges were authorized by the person responsible for opening the account.
Nev. Rev. Stat. § 104.9328 — NV Code / Title 8 / Chapter 104 / Section 104.9328
Priority among conflicting security interests in same investment property
Status: in_force

The following rules govern priority among conflicting security interests in the same investment property:

1. A security interest held by a secured party having control of investment property under NRS 104.9106 has priority over a security interest held by a secured party that does not have control of the investment property.

2. A security interest in a certificated security in registered form which is perfected by taking delivery under subsection 1 of NRS 104.9313 and not by control under NRS 104.9314 has priority over a conflicting security interest perfected by a method other than control.

3. Except as otherwise provided in subsections 4 and 5, conflicting security interests held by secured parties each of which has control under NRS 104.9106 rank according to priority in time of: (a) If the collateral is a security, obtaining control; (b) If the collateral is a security entitlement carried in a securities account: (1) The secured party's becoming the person for which the securities account is maintained, if the secured party obtained control under paragraph (a) of subsection 4 of NRS 104.8106 ; (2) The securities intermediary's agreement to comply with the secured party's entitlement orders with respect to security entitlements carried or to be carried in the securities account, if the secured party obtained control under paragraph (b) of that subsection; or (3) If the secured party obtained control through another person under paragraph (c) of that subsection, the time on which priority would be based under this paragraph if the other person were the secured party; or (c) If the collateral is a commodity contract carried with a commodity intermediary, the satisfaction of the requirement for control specified in paragraph (b) of subsection 2 of NRS 104.9106 with respect to commodity contracts carried or to be carried with the commodity intermediary.

4. A security interest held by a securities intermediary in a security entitlement or a securities account maintained with the securities intermediary has priority over a conflicting security interest held by another secured party.

5. A security interest held by a commodity intermediary in a commodity contract or a commodity account maintained with the commodity intermediary has priority over a conflicting security interest held by another secured party.

6. Conflicting security interests granted by a broker, securities intermediary or commodity intermediary which are perfected without control under NRS 104.9106 rank equally.

7. In all other cases, priority among conflicting security interests in investment property is governed by NRS 104.9322 and 104.9323 .
Nev. Rev. Stat. § 104A.4401 — NV Code / Title 8 / Chapter 104A / Section 104A.4401
Payment date
Status: in_force

“Payment date” of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary's bank. The payment date may be determined by instruction of the sender but cannot be earlier than the day the order is received by the beneficiary's bank and, unless otherwise determined, is the day the order is received by the beneficiary's bank.
Nev. Rev. Stat. § 104.9329 — NV Code / Title 8 / Chapter 104 / Section 104.9329
Priority among conflicting security interests in same letter-of-credit right
Status: in_force

The following rules govern priority among conflicting security interests in the same letter-of-credit right:

1. A security interest held by a secured party having control of the letter-of-credit right under NRS 104.9107 has priority to the extent of its control over a conflicting security interest held by a secured party that does not have control.

2. Security interests perfected by control under NRS 104.9314 rank according to priority in time of obtaining control.
Nev. Rev. Stat. § 104.4302 — NV Code / Title 8 / Chapter 104 / Section 104.4302
Payor bank's responsibility for late return of item
Status: in_force

1. If an item is presented to and received by a payor bank, the bank is accountable for the amount of: (a) A demand item, other than a documentary draft, whether properly payable or not, if the bank, in any case where it is not also the depositary bank, retains the item beyond midnight of the banking day of receipt without settling for it or, whether or not it is also the depositary bank, does not pay or return the item or send notice of dishonor until after its midnight deadline; or (b) Any other properly payable item unless, within the time allowed for acceptance or payment of that item, the bank either accepts or pays the item or returns it and accompanying documents.

2. The liability of a payor bank to pay an item pursuant to subsection 1 is subject to defenses based on breach of a presentment warranty ( NRS 104.4208 ) or proof that the person seeking enforcement of the liability presented or transferred the item for the purpose of defrauding the payor bank.
Nev. Rev. Stat. § 104.2601 — NV Code / Title 8 / Chapter 104 / Section 104.2601
Buyer's rights on improper delivery
Status: in_force

Subject to the provisions of this article on breach in installment contracts ( NRS 104.2612 ) and unless otherwise agreed under the sections on contractual limitations of remedy ( NRS 104.2718 and 104.2719 ), if the goods or the tender of delivery fail in any respect to conform to the contract, the buyer may:

1. Reject the whole; or

2. Accept the whole; or

3. Accept any commercial unit or units and reject the rest.
Nev. Rev. Stat. § 104.9627 — NV Code / Title 8 / Chapter 104 / Section 104.9627
Determination of whether conduct was commercially reasonable
Status: in_force

1. The fact that a greater amount could have been obtained by a collection, enforcement, disposition or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition or acceptance was made in a commercially reasonable manner.

2. A disposition of collateral is made in a commercially reasonable manner if the disposition is made: (a) In the usual manner on any recognized market; (b) At the price current in any recognized market at the time of the disposition; or (c) Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.

3. A collection, enforcement, disposition or acceptance is commercially reasonable if it has been approved: (a) In a judicial proceeding; (b) By a genuine creditors' committee; (c) By a representative of creditors; or (d) By an assignee for the benefit of creditors.

4. Approval under subsection 3 need not be obtained, and lack of approval does not mean that the collection, enforcement, disposition or acceptance is not commercially reasonable.
Nev. Rev. Stat. § 104B.12107 — NV Code / Title 8 / Chapter 104B / Section 104B.12107
Governing law
Status: in_force

1. Except as provided in subsection 2, the law of a controllable electronic record's jurisdiction governs a matter covered by this Article.

2. For a controllable electronic record that evidences a controllable account or controllable payment intangible, the law of the controllable electronic record's jurisdiction governs a matter covered by NRS 104B.12106 unless an effective agreement determines that the law of another jurisdiction governs.

3. The following rules determine a controllable electronic record's jurisdiction under this section: (a) If the controllable electronic record, or a record attached to or logically associated with the controllable electronic record and readily available for review, expressly provides that a particular jurisdiction is the controllable electronic record's jurisdiction for purposes of this Article or the Uniform Commercial Code, that jurisdiction is the controllable electronic record's jurisdiction. (b) If paragraph (a) does not apply and the rules of the system in which the controllable electronic record is recorded are readily available for review and expressly provide that a particular jurisdiction is the controllable electronic record's jurisdiction for purposes of this Article or the Uniform Commercial Code, that jurisdiction is the controllable electronic record's jurisdiction. (c) If paragraphs (a) and (b) do not apply and the controllable electronic record, or a record attached to or logically associated with the controllable electronic record and readily available for review, expressly provides that the controllable electronic record is governed by the law of a particular jurisdiction, that jurisdiction is the controllable electronic record's jurisdiction. (d) If paragraphs (a), (b) and (c) do not apply and the rules of the system in which the controllable electronic record is recorded are readily available for review and expressly provide that the controllable electronic record or the system is governed by the law of a particular jurisdiction, that jurisdiction is the controllable electronic record's jurisdiction. (e) If paragraphs (a) to (d), inclusive, do not apply, the controllable electronic record's jurisdiction is the District of Columbia.

4. If paragraph (e) of subsection 3 applies and Article 12 is not in effect in the District of Columbia without material modification, the governing law for a matter covered by this Article is the law of the District of Columbia as though Article 12 were in effect in the District of Columbia without material modification. In this subsection, “ Article 12 ” means Article 12 of the Uniform Commercial Code Amendments (2022).

5. To the extent subsections 1 and 2 provide that the law of the controllable electronic record's jurisdiction governs a matter covered by this Article, that law governs even if a matter or transaction to which the matter relates does not bear any relation to the controllable electronic record's jurisdiction.

6. The rights acquired under NRS 104B.12104 by a purchaser or qualifying purchaser are governed by the law applicable under this section at the time of purchase.
Nev. Rev. Stat. § 104.9207 — NV Code / Title 8 / Chapter 104 / Section 104.9207
Rights and duties of secured party having possession or control of collateral
Status: in_force

1. Except as otherwise provided in subsection 4, a secured party shall use reasonable care in the custody and preservation of collateral in the secured party's possession. In the case of chattel paper or an instrument, reasonable care includes taking necessary steps to preserve rights against prior parties unless otherwise agreed.

2. Except as otherwise provided in subsection 4, if a secured party has possession of collateral: (a) Reasonable expenses, including the cost of insurance and payment of taxes or other charges, incurred in the custody, preservation, use or operation of the collateral are chargeable to the debtor and are secured by the collateral; (b) The risk of accidental loss or damage is on the debtor to the extent of a deficiency in any effective insurance coverage; (c) The secured party shall keep the collateral identifiable, but fungible collateral may be commingled; and (d) The secured party may use or operate the collateral: (1) For the purpose of preserving the collateral or its value; (2) As permitted by an order of a court having competent jurisdiction; or (3) Except in the case of consumer goods, in the manner and to the extent agreed by the debtor.

3. Except as otherwise provided in subsection 4, a secured party having possession of collateral or control of collateral under NRS 104.7106 , 104.9104 , 104.9105 , 104.9106 , 104.9107 or 104.910701 : (a) May hold as additional security any proceeds, except money or funds, received from the collateral; (b) Shall apply money or funds received from the collateral to reduce the secured obligation, unless remitted to the debtor; and (c) May create a security interest in the collateral.

4. If the secured party is a buyer of accounts, chattel paper, payment intangibles or promissory notes or a consignor: (a) Subsection 1 does not apply unless the secured party is entitled under an agreement: (1) To charge back uncollected collateral; or (2) Otherwise to full or limited recourse against the debtor or a secondary obligor based on the nonpayment or other default of an account debtor or other obligor on the collateral; and (b) Subsections 2 and 3 do not apply.
Nev. Rev. Stat. § 104A.4108 — NV Code / Title 8 / Chapter 104A / Section 104A.4108
Exclusion of certain consumer transactions governed by federal law; resolution of inconsistencies between federal law and state law
Status: in_force

1. Except as otherwise provided in subsection 2, this article does not apply to a funds transfer any part of which is governed by the Electronic Fund Transfer Act of 1978 (Title XX, Public Law 95-630, 92 Stat. 3728, 15 U.S.C. §§ 1693 et seq. ) as amended from time to time.

2. This article applies to a funds transfer that is a remittance transfer as defined in section 919 of the Electronic Fund Transfer Act, 15 U.S.C. § 1693o-1 , as amended from time to time, unless the remittance transfer is an electronic fund transfer as defined in section 903 of the Electronic Fund Transfer Act, 15 U.S.C. § 1693a , as amended from time to time.

3. In a funds transfer to which this article applies, in the event of an inconsistency between an applicable provision of this article and an applicable provision of the Electronic Fund Transfer Act, the provision of the Electronic Fund Transfer Act governs to the extent of the inconsistency.
Nev. Rev. Stat. § 104.9514 — NV Code / Title 8 / Chapter 104 / Section 104.9514
Assignment of certain powers of secured party of record
Status: in_force

1. Except as otherwise provided in subsection 3, an initial financing statement may reflect an assignment of all of the secured party's power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party.

2. Except as otherwise provided in subsection 3, a secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement which: (a) Identifies, by its file number, the initial financing statement to which it relates; (b) Provides the name of the assignor; and (c) Provides the name and mailing address of the assignee.

3. An assignment of record of a security interest in a fixture covered by a mortgage of real property which is effective as a fixture filing under NRS 104.9502 may be made only by an assignment of record of the mortgage in the manner provided by law of this State other than the Uniform Commercial Code.
Nev. Rev. Stat. § 104.2605 — NV Code / Title 8 / Chapter 104 / Section 104.2605
Waiver of buyer's objections by failure to particularize
Status: in_force

1. The buyer's failure to state in connection with rejection a particular defect which is ascertainable by reasonable inspection precludes the buyer from relying on the unstated defect to justify rejection or to establish breach: (a) Where the seller could have cured it if stated seasonably; or (b) Between merchants when the seller has after rejection made a request in writing for a full and final written statement of all defects on which the buyer proposes to rely.

2. Payment against documents made without reservation of rights precludes recovery of the payment for defects apparent in the documents.
Nev. Rev. Stat. § 104.3603 — NV Code / Title 8 / Chapter 104 / Section 104.3603
Tender of payment
Status: in_force

1. If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument, the effect of tender is governed by principles of law applicable to tender of payment under a simple contract.

2. If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument and the tender is refused, there is discharge, to the extent of the amount of the tender, of the obligation of an endorser or accommodation party having a right of recourse with respect to the obligation to which the tender relates.

3. If tender of payment of an amount due on an instrument is made to a person entitled to enforce the instrument, the obligation of the obligor to pay interest after the due date on the amount tendered is discharged. If presentment is required with respect to an instrument and the obligor is able and ready to pay on the due date at every place of payment stated in the instrument, the obligor is deemed to have made tender of payment on the due date to the person entitled to enforce the instrument.
Nev. Rev. Stat. § 97.205 — NV Code / Title 8 / Chapter 97 / Section 97.205
Contracts negotiated and entered into by mail or telephone based on seller's catalog or printed solicitation; preparation and delivery of memorandum
Status: in_force

1. Retail installment contracts negotiated and entered into by mail or telephone without solicitation in the personal presence of the buyer and based upon a catalog of the seller, or other printed solicitation of business may be made as provided in this section. Such contracts when completed by the buyer need not contain the items required by NRS 97.185 .

2. If such catalog or other printed solicitation clearly sets forth the cash sale prices and other terms of sales to be made through such medium, when the contract is received from the retail buyer, the seller shall prepare a written memorandum containing all of the information required by NRS 97.185 to be included in a retail installment contract. The seller shall deliver to the buyer a copy of such memorandum prior to the due date of the first installment payable under the contract.

3. If the catalog or other printed solicitation does not set forth all of the other terms of sales in addition to the cash sale prices, such memorandum shall be delivered to the buyer prior to or at the time of delivery of the goods or services.
Nev. Rev. Stat. § 100.065 — NV Code / Title 8 / Chapter 100 / Section 100.065
Deposits authorized in lieu of cash payment or surety bond for protection of State; surety bond must be issued by authorized insurer; exceptions
Status: in_force

1. Except as otherwise provided in subsections 4 and 5, in lieu of any cash payment or surety bond required as protection for the State of Nevada, the person required to provide the cash payment or surety bond may deposit with the State Treasurer, unless a different custodian is named by specific statute: (a) Bonds of the United States or of the State of Nevada of an actual market value of not less than the amount of the required cash payment or surety bond; (b) A letter of credit from a bank, savings bank, credit union or savings and loan association situated in Nevada, which meets the requirements set for that purpose by the State Treasurer; or (c) A savings certificate, certificate of deposit or investment certificate of a bank, savings bank, credit union or savings and loan association situated in Nevada, which must indicate an account of an amount not less than the amount of the required cash payment or surety bond and, except as otherwise provided by specific statute, that the amount is not available for withdrawal except by direct order of the State Treasurer.

2. Whenever a savings certificate, certificate of deposit or investment certificate is deposited as provided in this section, interest earned on the certificate accrues to the account of the depositor.

3. If a surety bond is provided as protection for the State of Nevada, the bond must be issued by an insurer who is authorized or otherwise allowed under title 57 of NRS to issue such a bond pursuant to title 57 of NRS.

4. The Department of Motor Vehicles shall not accept bonds of the United States or of the State of Nevada in lieu of any cash payment or surety bond required to be deposited with the Department of Motor Vehicles as protection for the State of Nevada.

5. The Department of Taxation shall not accept bonds, savings certificates, certificates of deposit or investment certificates in lieu of the surety bond required to be deposited with the Department of Taxation pursuant to NRS 370.589 .
Nev. Rev. Stat. § 101.010 — NV Code / Title 8 / Chapter 101 / Section 101.010
Short title
Status: in_force

This chapter may be cited as the Uniform Joint Obligations Act.
Nev. Rev. Stat. § 97.297 — NV Code / Title 8 / Chapter 97 / Section 97.297
“Vehicle” defined
Status: in_force

For the purposes of NRS 97.299 and 97.301 , “vehicle” has the meaning ascribed to it in NRS 482.135 .
Nev. Rev. Stat. § 104.9208 — NV Code / Title 8 / Chapter 104 / Section 104.9208
Additional duties of secured party having control of collateral
Status: in_force

If there is no outstanding secured obligation and the secured party is not committed to make advances, incur obligations or otherwise give value, within 10 days after receiving a signed demand by the debtor:

1. A secured party having control of a deposit account under paragraph (b) of subsection 1 of NRS 104.9104 shall send to the bank with which the deposit account is maintained a signed record that releases the bank from any further obligation to comply with instructions originated by the secured party;

2. A secured party having control of a deposit account under paragraph (c) of subsection 1 of NRS 104.9104 shall: (a) Pay the debtor the balance on deposit in the deposit account; or (b) Transfer the balance on deposit into a deposit account in the debtor's name;

3. A purchaser, other than a buyer, having control under NRS 104.9105 of an authoritative electronic copy of a record evidencing chattel paper shall transfer control of the electronic copy to the debtor or a person designated by the debtor;

4. A secured party having control of investment property under paragraph (b) of subsection 4 of NRS 104.8106 or under subsection 2 of NRS 104.9106 shall send to the securities intermediary or commodity intermediary with which the security entitlement or commodity contract is maintained a signed record that releases the securities intermediary or commodity intermediary from any further obligation to comply with entitlement orders or directions originated by the secured party;

5. A secured party having control of a letter-of-credit right under NRS 104.9107 shall send to each person having an unfulfilled obligation to pay or deliver proceeds of the letter of credit to the secured party a signed release from any further obligation to pay or deliver proceeds of the letter of credit to the secured party;

6. A secured party having control under NRS 104.7106 of an authoritative electronic copy of an electronic document shall transfer control of the electronic copy to the debtor or a person designated by the debtor; and

7. A secured party having control under NRS 104B.12105 of a controllable electronic record, other than a buyer of a controllable account or controllable payment intangible evidenced by the controllable electronic record, shall transfer control of the controllable electronic record to the debtor or a person designated by the debtor.
Nev. Rev. Stat. § 104.9337 — NV Code / Title 8 / Chapter 104 / Section 104.9337
Priority of security interests in goods covered by certificate of title
Status: in_force

If, while a security interest in goods is perfected by any method under the law of another jurisdiction, this State issues a certificate of title that does not show that the goods are subject to the security interest or contain a statement that they may be subject to security interests not shown on the certificate:

1. A buyer of the goods, other than a person in the business of selling goods of that kind, takes free of the security interest if the buyer gives value and receives delivery of the goods after issuance of the certificate and without knowledge of the security interest; and

2. The security interest is subordinate to a conflicting security interest in the goods that attaches, and is perfected under subsection 2 of NRS 104.9311 , after issuance of the certificate and without the conflicting secured party's knowledge of the security interest.
Nev. Rev. Stat. § 104.9601 — NV Code / Title 8 / Chapter 104 / Section 104.9601
Rights after default; judicial enforcement; effect on consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes
Status: in_force

1. After default, a secured party has the rights provided in this part and, except as otherwise provided in NRS 104.9602 , those provided by agreement of the parties. A secured party: (a) May reduce a claim to judgment, foreclose, or otherwise enforce the claim, security interest, or agricultural lien by any available judicial procedure; and (b) If the collateral is documents, may proceed either as to the documents or as to the goods they cover.

2. A secured party in possession of collateral or control of collateral under NRS 104.7106 , 104.9104 , 104.9105 , 104.9106 , 104.9107 or 104.910701 has the rights and duties provided in NRS 104.9207 .

3. The rights under subsections 1 and 2 are cumulative and may be exercised simultaneously.

4. Except as otherwise provided in subsection 7 and NRS 104.9605 , after default, a debtor and an obligor have the rights provided in this part and by agreement of the parties.

5. If a secured party has reduced its claim to judgment, the lien of any levy that may be made upon the collateral by virtue of an execution based upon the judgment relates back to the earliest of: (a) The date of perfection of the security interest or agricultural lien in the collateral; (b) The date of filing a financing statement covering the collateral; or (c) Any date specified in a statute under which the agricultural lien was created.

6. A sale pursuant to an execution is a foreclosure of the security interest or agricultural lien by judicial procedure within the meaning of this section. A secured party may purchase at the sale and thereafter hold the collateral free of any other requirements of this Article.

7. Except as otherwise provided in subsection 3 of NRS 104.9607 , this part imposes no duties upon a secured party that is a consignor or is a buyer of accounts, chattel paper, payment intangibles or promissory notes.
Nev. Rev. Stat. § 97A.200 — NV Code / Title 8 / Chapter 97A / Section 97A.200
Prohibited acts by issuer: Increase of interest rate based upon late payment to another creditor; universal default clauses; exception
Status: in_force

1. An issuer shall not: (a) Increase the interest rate it charges a cardholder for the use of the card based upon the late payment by the cardholder to another issuer or a creditor of the cardholder that is not an affiliate or subsidiary of the issuer; or (b) Include a universal default clause in a contract or other agreement relating to a credit card account.

2. Notwithstanding the provisions of subsection 1, an issuer may increase the interest rate it charges a cardholder for the use of the card based on a change in the credit rating of the cardholder.

3. As used in this section: (a) “ Affiliate or subsidiary of the issuer ” means an affiliate or subsidiary that conducts business under a name that is: (1) The same as the name of the issuer; or (2) Sufficiently similar to the name of the issuer that a cardholder could reasonably believe that the cardholder is conducting business with the issuer. (b) “ Universal default clause ” means a clause or provision that allows an issuer to increase the interest rate it charges a cardholder for the use of the card based upon the late payment by the cardholder to another issuer or a creditor of the cardholder that is not an affiliate or subsidiary of the issuer.
Nev. Rev. Stat. § 104.2604 — NV Code / Title 8 / Chapter 104 / Section 104.2604
Buyer's options as to salvage of rightfully rejected goods
Status: in_force

Subject to the provisions of the immediately preceding section on perishables if the seller gives no instructions within a reasonable time after notification of rejection the buyer may store the rejected goods for the seller's account or reship them to the seller or resell them for the seller's account with reimbursement as provided in the preceding section. Such action is not acceptance or conversion.
Nev. Rev. Stat. § 101.030 — NV Code / Title 8 / Chapter 101 / Section 101.030
Discharge of coobligor by judgment
Status: in_force

A judgment against one or more of several obligors, or against one or more of joint, or of joint and several obligors, shall not discharge a coobligor who was not a party to the proceedings wherein the judgment was rendered.
Nev. Rev. Stat. § 97B.120 — NV Code / Title 8 / Chapter 97B / Section 97B.120
Consumer form contracts: Prohibition on the inclusion of certain provisions
Status: in_force

A consumer form contract must not contain:

1. A provision that the consumer will hold the other party harmless, or that otherwise relieves the other party of liability, for any harm or damage caused to the consumer arising from the consumer form contract.

2. A confession of judgment clause.

3. A waiver of the right to a jury trial, unless the consumer agrees to an alternative dispute resolution such as binding arbitration, in any action brought by or against the consumer.

4. Any assignment of or order for payment of wages or other compensation for services.

5. A provision in which the consumer agrees not to assert any claim or defense arising out of the consumer form contract or to seek any remedies pursuant to any consumer protection law.

6. A waiver of any provision of this chapter or any other consumer protection statute. Any such waiver shall be deemed null, void and of no effect.

7. A provision requiring or having the practical effect of requiring that any aspect of a resolution of a dispute between the parties to the agreement be kept confidential. This subsection does not affect the right of the parties to agree that certain specified information is a trade secret or otherwise confidential or to later agree, after the dispute arises, to keep a resolution confidential.
Nev. Rev. Stat. § 104.3502 — NV Code / Title 8 / Chapter 104 / Section 104.3502
Dishonor
Status: in_force

1. Dishonor of a note is governed by the following rules: (a) If the note is payable on demand, the note is dishonored if presentment is duly made to the maker and the note is not paid on the day of presentment. (b) If the note is not payable on demand and is payable at or through a bank or the terms of the note require presentment, the note is dishonored if presentment is duly made and the note is not paid on the day it becomes payable or the day of presentment, whichever is later. (c) If the note is not payable on demand and paragraph (b) does not apply, the note is dishonored if it is not paid on the day it becomes payable.

2. Dishonor of an unaccepted draft other than a documentary draft is governed by the following rules: (a) If a check is duly presented for payment to the payor bank otherwise than for immediate payment over the counter, the check is dishonored if the payor bank makes timely return of the check or sends timely notice of dishonor or nonpayment under NRS 104.4301 or 104.4302 , or becomes accountable for the amount of the check under NRS 104.4302 . (b) If a draft is payable on demand and paragraph (a) does not apply, the draft is dishonored if presentment for payment is duly made to the drawee and the draft is not paid on the day of presentment. (c) If a draft is payable on a date stated in the draft, the draft is dishonored if: (1) Presentment for payment is duly made to the drawee and payment is not made on the day the draft becomes payable or the day of presentment, whichever is later; or (2) Presentment for acceptance is duly made before the day the draft becomes payable and the draft is not accepted on the day of presentment. (d) If a draft is payable on elapse of a period of time after sight or acceptance, the draft is dishonored if presentment for acceptance is duly made and the draft is not accepted on the day of presentment.

3. Dishonor of an unaccepted documentary draft occurs according to the rules stated in paragraphs (b), (c) and (d) of subsection 2, except that payment or acceptance may be delayed without dishonor until no later than the close of the third business day of the drawee following the day on which payment or acceptance is required by those paragraphs.

4. Dishonor of an accepted draft is governed by the following rules: (a) If the draft is payable on demand, the draft is dishonored if presentment for payment is duly made to the acceptor and the draft is not paid on the day of presentment. (b) If the draft is not payable on demand, the draft is dishonored if presentment for payment is duly made to the acceptor and payment is not made on the day it becomes payable or the day of presentment, whichever is later.

5. In any case in which presentment is otherwise required for dishonor under this section and presentment is excused under NRS 104.3504 , dishonor occurs without presentment if the instrument is not duly accepted or paid.

6. If a draft is dishonored because timely acceptance of the draft was not made and the person entitled to demand acceptance consents to a late acceptance, from the time of acceptance the draft is treated as never having been dishonored.
Nev. Rev. Stat. § 104.4402 — NV Code / Title 8 / Chapter 104 / Section 104.4402
Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account
Status: in_force

1. Except as otherwise provided in this article, a payor bank wrongfully dishonors an item if it dishonors an item that is properly payable, but a bank may dishonor an item that would create an overdraft unless it has agreed to pay the overdraft.

2. A payor bank is liable to its customer for damages proximately caused by the wrongful dishonor of an item. Liability is limited to actual damages proved and may include damages for an arrest or prosecution of the customer or other consequential damages. Whether any consequential damages are proximately caused by the wrongful dishonor is a question of fact to be determined in each case.

3. A payor bank's determination of the customer's account balance on which a decision to dishonor for insufficiency of available funds is based may be made at any time between the time the item is received by the payor bank and the time that the payor bank returns the item or gives notice in lieu of return, and no more than one determination need be made. If, at the election of the payor bank, a subsequent determination is made for the purpose of reevaluating the bank's decision to dishonor the item, the account balance at that time is determinative of whether a dishonor for insufficiency of available funds is wrongful.
Nev. Rev. Stat. § 104.4104 — NV Code / Title 8 / Chapter 104 / Section 104.4104
Definitions and index of definitions
Status: in_force

1. In this Article, unless the context otherwise requires: (a) “ Account ” means any deposit or credit account with a bank including a demand, time, savings, passbook, share draft or like account, other than an account evidenced by a certificate of deposit. (b) “ Afternoon ” means the period of a day between noon and midnight. (c) “ Banking day ” means that part of any day on which a bank is open to the public for carrying on substantially all of its banking functions. (d) “ Clearinghouse ” means any association of banks or other payors regularly clearing items. (e) “ Customer ” means any person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank. (f) “ Documentary draft ” means a draft to be presented for acceptance or payment if specified documents, certificated securities or instructions for uncertificated securities, or other certificates, statements or the like are to be received by the drawee or other payor before acceptance or payment of the draft. (g) “ Draft ” means a draft as defined in NRS 104.3104 or an item, other than an instrument, that is an order. (h) “ Drawee ” means a person ordered in a draft to make payment. (i) “ Item ” means an instrument or a promise or order to pay money handled by a bank for collection or payment. The term does not include a payment order governed by Article 4A or a credit or debit card slip. (j) “ Midnight deadline ” with respect to a bank is midnight on its next banking day following the banking day on which it receives the relevant item or notice or from which the time for taking action commences to run, whichever is later. (k) “ Settle ” means to pay in cash, by clearinghouse settlement, in a charge or credit or by remittance, or otherwise as instructed. A settlement may be either provisional or final. (l) “ Suspends payments ” with respect to a bank means that it has been closed by order of the supervisory authorities, that a public officer has been appointed to take it over or that it ceases or refuses to make payments in the ordinary course of business.

2. Other definitions applying to this Article and the sections in which they appear are: “Agreement for electronic presentment.” NRS 104.4110 . “Collecting bank.” NRS 104.4105 . “Depositary bank.” NRS 104.4105 . “Intermediary bank.” NRS 104.4105 . “Payor bank.” NRS 104.4105 . “Presenting bank.” NRS 104.4105 . “Presentment notice.” NRS 104.4110 .

3. “Control” as provided in NRS 104.7106 and the following definitions in other Articles apply to this Article: “Acceptance.” NRS 104.3409 . “Alteration.” NRS 104.3407 . “Cashier's check.” NRS 104.3104 . “Certificate of deposit.” NRS 104.3104 . “Certified check.” NRS 104.3409 . “Check.” NRS 104.3104 . “Holder in due course.” NRS 104.3302 . “Instrument.” NRS 104.3104 . “Notice of dishonor.” NRS 104.3503 . “Order.” NRS 104.3103 . “Ordinary care.” NRS 104.3103 . “Person entitled to enforce.” NRS 104.3301 . “Presentment.” NRS 104.3501 . “Promise.” NRS 104.3103 . “Prove.” NRS 104.3103 . “Record.” NRS 104.3103 . “Remotely-created item.” NRS 104.3103 . “Teller's check.” NRS 104.3104 . “Unauthorized signature.” NRS 104.3403 .

4. In addition, Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.
Nev. Rev. Stat. § 104A.4202 — NV Code / Title 8 / Chapter 104A / Section 104A.4202
Authorized and verified payment orders
Status: in_force

1. A payment order received by the receiving bank is the authorized order of the person identified as sender if the person authorized the order or is otherwise bound by it under the law of agency.

2. If a bank and its customer have agreed that the authenticity of payment orders issued to the bank in the name of the customer as sender will be verified pursuant to a security procedure, a payment order received by the receiving bank is effective as the order of the customer, whether or not authorized, if the security procedure is a commercially reasonable method of providing security against unauthorized payment orders, and the bank proves that it accepted the payment order in good faith and in compliance with the bank's obligations under the security procedure and any agreement or instruction of the customer, evidenced by a record, restricting acceptance of payment orders issued in the name of the customer. The bank is not required to follow an instruction that violates an agreement with the customer, evidenced by a record, or notice of which is not received at a time and in a manner affording the bank a reasonable opportunity to act on it before the payment order is accepted.

3. Commercial reasonableness of a security procedure is a question of law to be determined by considering the wishes of the customer expressed to the bank, the circumstances of the customer known to the bank, including the size, type and frequency of payment orders normally issued by the customer to the bank, alternative security procedures offered to the customer, and security procedures in general use by customers and receiving banks similarly situated. A security procedure is deemed to be commercially reasonable if: (a) The security procedure was chosen by the customer after the bank offered, and the customer refused, a security procedure that was commercially reasonable for that customer; and (b) The customer expressly agreed in a record to be bound by any payment order, whether or not authorized, issued in its name and accepted by the bank in compliance with the bank's obligations under the security procedure chosen by the customer.

4. The term “ sender ” in this article includes the customer in whose name a payment order is issued if the order is the authorized order of the customer under subsection 1, or it is effective as the order of the customer under subsection 2.

5. This section applies to amendments and cancellations of payment orders to the same extent it applies to payment orders.

6. Except as otherwise provided in this section and in paragraph (a) of subsection 1 of NRS 104A.4203 , rights and obligations arising under this section or NRS 104A.4203 may not be varied by agreement.
Nev. Rev. Stat. § 104.4107 — NV Code / Title 8 / Chapter 104 / Section 104.4107
Separate office of bank
Status: in_force

A branch or separate office of a bank is a separate bank for the purpose of computing the time within which and determining the place at or to which action may be taken or notices or orders must be given under this article and under article 3.
Nev. Rev. Stat. § 104.9326 — NV Code / Title 8 / Chapter 104 / Section 104.9326
Priority of security interests created by new debtor
Status: in_force

1. Subject to subsection 2, a security interest that is created by a new debtor in collateral in which the new debtor has or acquires rights and is perfected solely by a filed financing statement that would be ineffective to perfect the security interest but for the application of paragraph (a) of subsection 9 of NRS 104.9316 or NRS 104.9508 is subordinate to a security interest in the same collateral which is perfected other than by such a filed financing statement.

2. The other provisions of this part determine the priority among conflicting security interests in the same collateral perfected by filed financing statements described in subsection 1. However, if the security agreements to which a new debtor became bound as debtor were not entered into by the same original debtor, the conflicting security interests rank according to priority in time of the new debtor's having become bound.
Nev. Rev. Stat. § 104.8507 — NV Code / Title 8 / Chapter 104 / Section 104.8507
Duty of securities intermediary to comply with entitlement order
Status: in_force

1. A securities intermediary shall comply with an entitlement order if the entitlement order is originated by the appropriate person, the securities intermediary has had reasonable opportunity to assure itself that the entitlement order is genuine and authorized and the securities intermediary has had a reasonable opportunity to comply with the entitlement order. A securities intermediary satisfies the duty if: (a) It acts with respect to the duty as agreed upon by the entitlement holder and the securities intermediary; or (b) In the absence of agreement, it exercises due care in accordance with reasonable commercial standards to comply with the entitlement order.

2. If a securities intermediary transfers a financial asset pursuant to an ineffective entitlement order, the securities intermediary shall re-establish a security entitlement in favor of the person entitled to it and pay or credit any payments or distributions that the person did not receive as a result of the wrongful transfer. If the securities intermediary does not re-establish a security entitlement, the securities intermediary is liable to the entitlement holder for damages.
Nev. Rev. Stat. § 104.4401 — NV Code / Title 8 / Chapter 104 / Section 104.4401
When bank may charge customer's account
Status: in_force

1. A bank may charge against the account of a customer any item that is properly payable from that account even though the charge creates an overdraft. An item is properly payable if it is authorized by the customer and is in accordance with any agreement between the customer and bank.

2. A customer is not liable for the amount of an overdraft if the customer neither signed the item nor benefited from the proceeds of the item.

3. A bank may charge against the account of a customer a check that is otherwise properly payable from the account, even though payment was made before the date of the check, unless the customer has given notice to the bank of the postdating describing the check with reasonable certainty. The notice is effective for the period stated in subsection 2 of NRS 104.4403 for stop-payment orders, and must be received at such time and in such manner as to afford the bank a reasonable opportunity to act on it before the bank takes any action with respect to the check described in NRS 104.4303 . If a bank charges against the account of a customer a check before the date stated in the notice of postdating, the bank is liable for damages for the loss resulting from its act. The loss may include damages for dishonor of subsequent items under NRS 104.4402 .

4. A bank which in good faith makes payment to a holder may charge the indicated account of its customer according to: (a) The original terms of the customer’s altered item; or (b) The terms of the customer’s completed item, even though the bank knows the item has been completed unless the bank has notice that the completion was improper.
Nev. Rev. Stat. § 104.9304 — NV Code / Title 8 / Chapter 104 / Section 104.9304
Law governing perfection and priority of security interests in deposit accounts
Status: in_force

1. The law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank, even if a transaction does not bear any relation to the bank's jurisdiction.

2. The following rules determine a bank's jurisdiction for purposes of this part: (a) If an agreement between the bank and the debtor governing the deposit account expressly provides that a particular jurisdiction is the bank's jurisdiction for purposes of this part, this article or the Uniform Commercial Code, that jurisdiction is the bank's jurisdiction. (b) If paragraph (a) does not apply and an agreement between the bank and its customer governing the deposit account expressly provides that the agreement is governed by the law of a particular jurisdiction, that jurisdiction is the bank's jurisdiction. (c) If neither paragraph (a) nor paragraph (b) applies and an agreement between the bank and its customer governing the deposit account expressly provides that the deposit account is maintained at an office in a particular jurisdiction, that jurisdiction is the bank's jurisdiction. (d) If neither paragraph (a) nor paragraph (b) nor paragraph (c) applies, the bank's jurisdiction is the jurisdiction in which the office identified in an account statement as the office serving the customer's account is located. (e) If none of the preceding paragraphs applies, the bank's jurisdiction is the jurisdiction in which the chief executive office of the bank is located.
Nev. Rev. Stat. § 102.010 — NV Code / Title 8 / Chapter 102 / Section 102.010
Short title
Status: in_force

This chapter may be cited as the Uniform Interparty Agreement Act.
Nev. Rev. Stat. § 104A.4209 — NV Code / Title 8 / Chapter 104A / Section 104A.4209
Acceptance of payment order
Status: in_force

1. Except as otherwise provided in subsection 4, a receiving bank other than the beneficiary's bank accepts a payment order when it executes the order.

2. Except as otherwise provided in subsections 3 and 4, a beneficiary's bank accepts a payment order at the earliest of the following times: (a) When the bank pays the beneficiary as stated in subsection 1 or 2 of NRS 104A.4405 , or notifies the beneficiary of receipt of the order or that the account of the beneficiary has been credited with respect to the order unless the notice indicates that the bank is rejecting the order or that funds with respect to the order may not be withdrawn or used until receipt of payment from the sender of the order; (b) When the bank receives payment of the entire amount of the sender's order pursuant to paragraph (a) or (b) of subsection 1 of NRS 104A.4403 ; or (c) The opening of the next funds-transfer business day of the bank following the payment date of the order if, at that time, the amount of the sender's order is fully covered by a withdrawable credit balance in an authorized account of the sender or the bank has otherwise received full payment from the sender, unless the order was rejected before that time or is rejected within 1 hour after that time, or 1 hour after the opening of the next business day of the sender following the payment date if that time is later. If notice of rejection is received by the sender after the payment date and the authorized account of the sender does not bear interest, the bank is obliged to pay interest to the sender on the amount of the order for the number of days elapsing after the payment date to the day the sender receives notice or learns that the order was not accepted, counting that day as an elapsed day. If the withdrawable credit balance during that period falls below the amount of the order, the amount of interest payable is reduced accordingly.

3. Acceptance of a payment order cannot occur before the order is received by the receiving bank. Acceptance does not occur under paragraph (b) or (c) of subsection 2 if the beneficiary of the payment order does not have an account with the receiving bank, the account has been closed, or the receiving bank is not permitted by law to receive credits for the beneficiary's account.

4. A payment order issued to the originator's bank cannot be accepted until the payment date if the bank is the beneficiary's bank, or the execution date if the bank is not the beneficiary's bank. If the originator's bank executes the originator's payment order before the execution date or pays the beneficiary of the originator's payment order before the payment date and the payment order is subsequently cancelled pursuant to subsection 2 of NRS 104A.4211 , the bank may recover from the beneficiary any payment received to the extent allowed by the law governing mistake and restitution.
Nev. Rev. Stat. § 104.2207 — NV Code / Title 8 / Chapter 104 / Section 104.2207
Additional terms in acceptance or confirmation
Status: in_force

1. A definite and seasonable expression of acceptance or a written confirmation which is sent within a reasonable time operates as an acceptance even though it states terms additional to or different from those offered or agreed upon, unless acceptance is expressly made conditional on assent to the additional or different terms.

2. The additional terms are to be construed as proposals for addition to the contract. Between merchants such terms become part of the contract unless: (a) The offer expressly limits acceptance to the terms of the offer; (b) They materially alter it; or (c) Notification of objection to them has already been given or is given within a reasonable time after notice of them is received.

3. Conduct by both parties which recognizes the existence of a contract is sufficient to establish a contract for sale although the writings of the parties do not otherwise establish a contract. In such case the terms of the particular contract consist of those terms on which the writings of the parties agree, together with any supplementary terms incorporated under any other provisions of this chapter.
Nev. Rev. Stat. § 104.8114 — NV Code / Title 8 / Chapter 104 / Section 104.8114
Evidentiary rules concerning certificated securities
Status: in_force

The following rules apply in an action on a certificated security against an issuer:

1. Unless specifically denied in the pleadings, each signature on a security certificate or in a necessary endorsement is admitted.

2. If the effectiveness of a signature is put in issue, the burden of establishing effectiveness is on the party claiming under the signature, but the signature is presumed to be genuine or authorized.

3. If signatures on a security certificate are admitted or established, production of the certificate entitles a holder to recover on it unless the defendant establishes a defense or a defect going to the validity of the security.

4. If it is shown that a defense or defect exists, the plaintiff has the burden of establishing that he or she or some person under whom he or she claims is a person against whom the defense or defect cannot be asserted.
Nev. Rev. Stat. § 97.245 — NV Code / Title 8 / Chapter 97 / Section 97.245
Retail charge agreements: Finance charge; contents of monthly statements; notice of change in terms
Status: in_force

1. The amount of the finance charge in any retail charge agreement may be any amount, and the agreement may provide for the imposition of any fee, expense or charge, agreed upon by the parties.

2. At or before the time a retail charge agreement is made the seller shall advise the buyer in writing, on the application form or otherwise, or orally, that the finance charge will be computed on the outstanding balance for each month, which need not be a calendar month, or other regular period agreed upon, the schedule or rate by which the finance charge will be computed, and that the buyer may at any time pay the total unpaid balance. If the information is given orally, the seller shall, upon approval of the buyer's credit, deliver or mail to the buyer and the buyer's address a memorandum setting forth the information.

3. The seller or holder of a retail charge agreement shall promptly supply the buyer with a statement as of the end of each monthly period, which need not be a calendar month, or other regular period agreed upon, in which there is any unpaid balance thereunder. The statement must set forth the following: (a) The unpaid balance under the retail charge agreement at the beginning and end of the period; (b) Unless otherwise furnished by the seller to the buyer by sales slip, memorandum or otherwise, a description or identification of the goods or services purchased during the period, the cash sale price and the date of each purchase; (c) The payments made by the buyer to the seller and any other credits to the buyer during the period; and (d) The amount, if any, of any finance charge, fee, expense or charge for the period.

4. If a change is to be made in the terms of a retail charge agreement previously disclosed to the buyer, the seller shall mail or deliver to the buyer a written disclosure of the proposed change not less than 15 days before the effective date of the change. No notice is required if the change involves: (a) Charges for late payment, documentary evidence or exceeding an agreed limit; (b) A reduction of any component of a finance or other charge; (c) Suspension of future credit or termination of an account or plan; or (d) The result of an agreement involving a court proceeding or of the consumer's default or delinquency, unless an increase is made in the periodic rate or other finance charge.
Nev. Rev. Stat. § 104.3112 — NV Code / Title 8 / Chapter 104 / Section 104.3112
Interest
Status: in_force

1. Unless otherwise provided in the instrument: (a) An instrument is not payable with interest; and (b) Interest on an interest-bearing instrument is payable from the date of the instrument.

2. Interest may be stated in an instrument as a fixed or variable amount of money or it may be expressed as a fixed or variable rate or rates. The amount or rate of interest may be stated or described in the instrument in any manner and may require reference to information not contained in the instrument. If an instrument provides for interest, but the amount of interest payable cannot be ascertained from the description, interest is payable at the judgment rate in effect at the place of payment of the instrument and at the time interest first accrues.
Nev. Rev. Stat. § 97.235 — NV Code / Title 8 / Chapter 97 / Section 97.235
Consolidated contracts; memoranda
Status: in_force

1. If retail installment purchases are made by a buyer from a seller, the subsequent retail installment purchases may, by agreement of the parties, be consolidated with a prior retail installment contract. The finance charge for the consolidated contract must not, however, exceed the aggregate of the finance charge for: (a) The original contract and any extension thereof by virtue of the consolidation; and (b) The subsequent installment purchase or purchases.

2. In the event of such a consolidation, in lieu of the buyer's executing a retail installment contract respecting each subsequent purchase, it is sufficient if the seller prepares a written memorandum of each subsequent purchase, in which case the provisions of NRS 97.165 , 97.175 and 97.185 do not apply. Unless previously furnished in writing to the buyer by the seller, by sales slip, memorandum or otherwise, the memorandum must set forth with respect to each subsequent purchase the items set forth in paragraphs (a) to (f), inclusive, of subsection 1 of NRS 97.185 , and in addition: (a) The unpaid balance of the previous contract or contracts; (b) The consolidated unpaid balance; (c) The amount of the finance charge; (d) The consolidated total of payments; and (e) The revised installments applicable to the consolidated total of payments, if any, in accordance with NRS 97.185 . The seller shall deliver to the buyer a copy of the memorandum before the due date of the first installment of the consolidated contract.

3. When a subsequent purchase is made, the entire amount of all payments made previous thereto must be applied toward the payment of the previous time sale price or time sale prices. Each payment thereafter received must be allocated to all of the various time sale prices in the same ratio as the original cash sale prices of the various purchases bear to one another. However, the amount of any initial or down payment on the subsequent purchase must be allocated in its entirety to that purchase.

4. A retail installment contract may be contained in more than one document, if one such document is an original document signed by the retail buyer, stated to be applicable to purchases of goods or services to be made by the retail buyer from time to time. In that case the document, together with the sales slip, account book or other written statement relating to each purchase must set forth all of the information required by NRS 97.185 and constitutes the retail installment contract for each purchase. On each succeeding purchase pursuant to the original document, the sales slip, account book or other written statement may at the option of the seller constitute the memorandum required by this section.
Nev. Rev. Stat. § 104.3503 — NV Code / Title 8 / Chapter 104 / Section 104.3503
Notice of dishonor
Status: in_force

1. The obligation of an endorser stated in subsection 1 of NRS 104.3415 and the obligation of a drawer stated in subsection 4 of NRS 104.3414 may not be enforced unless: (a) The endorser or drawer is given notice of dishonor of the instrument complying with this section; or (b) Notice of dishonor is excused under subsection 2 of NRS 104.3504 .

2. Notice of dishonor: (a) May be given by any person; (b) May be given by any commercially reasonable means, including an oral, written or electronic communication; and (c) Is sufficient if it reasonably identifies the instrument and indicates that the instrument has been dishonored or has not been paid or accepted. Return of an instrument given to a bank for collection is sufficient notice of dishonor.

3. Subject to subsection 3 of NRS 104.3504 , with respect to an instrument taken for collection by a collecting bank, notice of dishonor must be given by the bank before midnight of the next banking day following the banking day on which it receives notice of dishonor of the instrument, or by any other person within 30 days following the day on which the person receives notice of dishonor. With respect to any other instrument, notice of dishonor must be given within 30 days following the day on which dishonor occurs.
Nev. Rev. Stat. § 104.9307 — NV Code / Title 8 / Chapter 104 / Section 104.9307
Location of debtor
Status: in_force

1. In this section, “ place of business ” means a place where a debtor conducts its affairs.

2. Except as otherwise provided in this section, the following rules determine a debtor's location: (a) A natural person is located at his or her residence. (b) Any other debtor having only one place of business is located at its place of business. (c) Any other debtor having more than one place of business is located at its chief executive office.

3. Subsection 2 applies only if a debtor's residence, place of business or chief executive office, as applicable, is located in a jurisdiction whose law requires information concerning the existence of a nonpossessory security interest to be made generally available in a filing, recording or registration system as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the collateral. If subsection 2 does not apply, the debtor is deemed to be located in the District of Columbia.

4. A person that ceases to exist, have a residence or have a place of business continues to be located in the jurisdiction specified by subsections 2 and 3.

5. A registered organization that is organized under the law of a state is located in that state.

6. Except as otherwise provided in subsection 9, a registered organization that is organized under the law of the United States and a branch or agency of a bank that is not organized under the law of the United States or a state are located or deemed to be located: (a) In the state that the law of the United States designates, if the law designates a state of location; (b) In the state that the registered organization, branch or agency designates, if the law of the United States authorizes the registered organization, branch or agency to designate its state of location, including by designating its main office, home office or other comparable office; or (c) In the District of Columbia, if neither paragraph (a) nor paragraph (b) applies.

7. A registered organization continues to be located in the jurisdiction specified by subsection 5 or 6 notwithstanding: (a) The suspension, revocation, forfeiture or lapse of the registered organization's status as such in its jurisdiction of organization; or (b) The dissolution, winding up or cancellation of the existence of the registered organization.

8. The United States is deemed to be located in the District of Columbia.

9. A branch or agency of a bank that is not organized under the law of the United States or a state is located in the state in which the branch or agency is licensed, if all branches and agencies of the bank are licensed in only one state.

10. A foreign air carrier under the Federal Aviation Act of 1958, as amended, 1 is located at the designated office of the agent upon which service of process may be made on behalf of the carrier.

11. This section applies only for purposes of this part.

1 49 App. U.S.C.A. § 1301 et seq.
Nev. Rev. Stat. § 97B.160 — NV Code / Title 8 / Chapter 97B / Section 97B.160
Award of attorney’s fees when plaintiff is prevailing party in action to collect consumer debt
Status: in_force

1. If the plaintiff is the prevailing party in any action to collect a consumer debt, the plaintiff is entitled to collect attorney's fees only if the consumer form contract or other document evidencing the indebtedness sets forth an obligation of the consumer to pay such attorney's fees and subject to the following conditions: (a) If a consumer form contract or other document evidencing indebtedness provides for attorney's fees in some specific percentage, such provision and obligation is valid and enforceable for an amount not to exceed 15 percent of the amount of the debt, excluding attorney's fees and collection costs. (b) If a consumer form contract or other document evidencing indebtedness provides for the payment of reasonable attorney's fees by the debtor, without specifying any specific percentage, such provision must be construed to mean the lesser of 15 percent of the amount of the debt, excluding attorney's fees and collection costs, or the amount of attorney's fees calculated by a reasonable rate for such cases multiplied by the amount of time reasonably expended to obtain the judgment.

2. The documentation setting forth a party's obligation to pay attorney's fees must be provided to the court before a court may enforce those provisions.
Nev. Rev. Stat. § 104.8104 — NV Code / Title 8 / Chapter 104 / Section 104.8104
Acquisition of security or financial asset or interest therein
Status: in_force

1. A person acquires a security, or an interest therein, under this article, if the person: (a) Is a purchaser to whom a security is delivered pursuant to NRS 104.8301 ; or (b) Acquires a security entitlement to the security pursuant to NRS 104.8501 .

2. A person acquires a financial asset, other than a security, or an interest therein, under this article, if the person acquires a security entitlement to the financial asset.

3. A person who acquires a security entitlement to a security or other financial asset has the rights specified in part 5 of this article, but is a purchaser of any security, security entitlement or other financial asset held by the securities intermediary only to the extent provided in NRS 104.8503 .

4. Unless the context shows that a different meaning is intended, a person who is required by other law, regulation, rule or agreement to transfer, deliver, present, surrender, exchange or otherwise put in the possession of another person a security or financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset pursuant to subsection 1 or 2.
Nev. Rev. Stat. § 104.3307 — NV Code / Title 8 / Chapter 104 / Section 104.3307
Notice of breach of fiduciary duty
Status: in_force

1. In this section: (a) “Fiduciary” means an agent, trustee, partner, corporate officer or director, or other representative owing a fiduciary duty with respect to an instrument. (b) “Represented person” means the principal, beneficiary, partnership, corporation or other person to whom the duty stated in paragraph (a) is owed.

2. If an instrument is taken from a fiduciary for payment or collection or for value, the taker has knowledge of the fiduciary status of the fiduciary, and the represented person makes a claim to the instrument or its proceeds on the basis that the transaction of the fiduciary is a breach of fiduciary duty, the following rules apply: (a) Notice of breach of fiduciary duty by the fiduciary is notice of the claim of the represented person. (b) In the case of an instrument payable to the represented person or the fiduciary as such, the taker has notice of the breach of fiduciary duty if the instrument is: (1) Taken in payment of or as security for a debt known by the taker to be the personal debt of the fiduciary; (2) Taken in a transaction known by the taker to be for the personal benefit of the fiduciary; or (3) Deposited to an account other than an account of the fiduciary, as such, or an account of the represented person. (c) If an instrument is issued by the represented person or the fiduciary as such, and made payable to the fiduciary personally, the taker does not have notice of the breach of fiduciary duty unless the taker knows of the breach of fiduciary duty. (d) If an instrument is issued by the represented person or the fiduciary as such, to the taker as payee, the taker has notice of the breach of fiduciary duty if the instrument is: (1) Taken in payment of or as security for a debt known by the taker to be the personal debt of the fiduciary; (2) Taken in a transaction known by the taker to be for the personal benefit of the fiduciary; or (3) Deposited to an account other than an account of the fiduciary, as such, or an account of the represented person.
Nev. Rev. Stat. § 104.3114 — NV Code / Title 8 / Chapter 104 / Section 104.3114
Contradictory terms of instrument
Status: in_force

If an instrument contains contradictory terms, typewritten terms prevail over printed terms, handwritten terms prevail over both, and words prevail over numbers.
Nev. Rev. Stat. § 104.9108 — NV Code / Title 8 / Chapter 104 / Section 104.9108
Sufficiency of descriptions
Status: in_force

1. Except as otherwise provided in subsections 3, 4 and 5, a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.

2. Except as otherwise provided in subsection 4, a description of collateral reasonably identifies the collateral if it identifies the collateral by: (a) Specific listing; (b) Category; (c) Except as otherwise provided in subsection 5, a type of collateral defined in the Uniform Commercial Code; (d) Quantity; (e) Computational or allocational formula or procedure; or (f) Except as otherwise provided in subsection 3, any other method, if the identity of the collateral is objectively determinable.

3. A description of collateral as “all the debtor's assets” or “all the debtor's personal property” or using words of similar import does not reasonably identify the collateral.

4. Except as otherwise provided in subsection 5, a description of a security entitlement, securities account, or commodity account is sufficient if it describes: (a) The collateral by those terms or as investment property; or (b) The underlying financial asset or commodity contract.

5. A description only by type of collateral defined in the Uniform Commercial Code is an insufficient description of: (a) A commercial tort claim; or (b) In a consumer transaction, consumer goods, a security entitlement, a securities account or a commodity account.
Nev. Rev. Stat. § 104A.2512 — NV Code / Title 8 / Chapter 104A / Section 104A.2512
Lessee's duties as to rightfully rejected goods
Status: in_force

1. Except as otherwise provided with respect to goods that threaten to decline in value speedily ( NRS 104A.2511 ) and subject to any security interest of a lessee (subsection 5 of NRS 104A.2508 ): (a) The lessee, after rejection of goods in the lessee's possession, shall hold them with reasonable care at the lessor's or supplier's disposition for a reasonable time after the lessee's seasonable notification of rejection; (b) If the lessor or the supplier gives no instructions within a reasonable time after notification of rejection, the lessee may store the rejected goods for the lessor's or the supplier's account or ship them to the lessor or the supplier or dispose of them for the lessor's or the supplier's account with reimbursement in the manner provided in NRS 104A.2511 ; but (c) The lessee has no further obligations with regard to goods rightfully rejected.

2. Action by the lessee pursuant to subsection 1 is not acceptance or conversion.
Nev. Rev. Stat. § 104A.2220 — NV Code / Title 8 / Chapter 104A / Section 104A.2220
Effect of default on risk of loss
Status: in_force

1. Where risk of loss is to pass to the lessee and the time of passage is not stated: (a) If a tender or delivery of goods so fails to conform to the lease contract as to give a right of rejection, the risk of their loss remains with the lessor, or, in the case of a finance lease, the supplier, until cure or acceptance. (b) If the lessee rightfully revokes acceptance, the lessee, to the extent of any deficiency in his or her effective insurance coverage, may treat the risk of loss as having remained with the lessor from the beginning.

2. Whether or not risk of loss is to pass to the lessee, if the lessee as to conforming goods already identified to a lease contract repudiates or is otherwise in default under the lease contract, the lessor, or, in the case of a finance lease, the supplier, to the extent of any deficiency in his or her effective insurance coverage may treat the risk of loss as resting on the lessee for a commercially reasonable time.
Nev. Rev. Stat. § 104A.2530 — NV Code / Title 8 / Chapter 104A / Section 104A.2530
Lessor's incidental damages
Status: in_force

Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses or commissions incurred in stopping delivery, in the transportation, care and custody of goods after the lessee's default, in connection with return or disposition of the goods, or otherwise resulting from the default.
Nev. Rev. Stat. § 104.7602 — NV Code / Title 8 / Chapter 104 / Section 104.7602
Judicial process against goods covered by negotiable document of title
Status: in_force

Unless a document of title was originally issued upon delivery of the goods by a person that did not have power to dispose of them, a lien does not attach by virtue of any judicial process to goods in the possession of a bailee for which a negotiable document of title is outstanding unless possession or control of the document is first surrendered to the bailee or the document's negotiation is enjoined. The bailee may not be compelled to deliver the goods pursuant to process until possession or control of the document is surrendered to the bailee or to the court. A purchaser of the document for value without notice of the process or injunction takes free of the lien imposed by judicial process.
Nev. Rev. Stat. § 104.9619 — NV Code / Title 8 / Chapter 104 / Section 104.9619
Transfer of record or legal title
Status: in_force

1. In this section, “ transfer statement ” means a record signed by a secured party stating: (a) That the debtor has defaulted in connection with an obligation secured by specified collateral; (b) That the secured party has exercised its postdefault remedies with respect to the collateral; (c) That, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and (d) The name and mailing address of the secured party, debtor and transferee.

2. A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall: (a) Accept the transfer statement; (b) Promptly amend its records to reflect the transfer; and (c) If applicable, issue a new appropriate certificate of title in the name of the transferee.

3. A transfer of the record or legal title to collateral to a secured party under subsection 2 or otherwise is not of itself a disposition of collateral under this article and does not of itself relieve the secured party of its duties under this article.
Nev. Rev. Stat. § 104.7402 — NV Code / Title 8 / Chapter 104 / Section 104.7402
Duplicate document of title; overissue
Status: in_force

A duplicate or any other document of title purporting to cover goods already represented by an outstanding document of the same issuer does not confer any right in the goods, except as provided in the case of tangible bills of lading in a set of parts, overissue of documents for fungible goods, substitutes for lost, stolen or destroyed documents, or substitute documents issued pursuant to NRS 104.7105 . The issuer is liable for damages caused by its overissue or failure to identify a duplicate document by a conspicuous notation.