Nevada § 104.3202 - Negotiation subject to rescission
Full text of Nevada Nevada Revised Statutes § 104.3202 — Negotiation subject to rescission, with citation guidance and answers to common questions.
§ 104.3202. Negotiation subject to rescission
1. Negotiation is effective even if obtained: (a) From an infant, a corporation exceeding its powers or a person without capacity; (b) By fraud, duress or mistake; or (c) In breach of duty or as part of an illegal transaction. 2. To the extent permitted by other law, negotiation may be rescinded or may be subject
to other remedies, but those remedies may not be asserted against a subsequent holder
in due course or a person paying the instrument in good faith and without knowledge
of facts that are a basis for rescission or other remedy.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.3202
What does Nevada Revised Statutes § 104.3202 cover?
Section 104.3202 ("Negotiation subject to rescission") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 104.3202?
A common citation format is "Nevada Revised Statutes § 104.3202" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.3202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.