Nevada § 104.3413 - Obligation of acceptor
Full text of Nevada Nevada Revised Statutes § 104.3413 — Obligation of acceptor, with citation guidance and answers to common questions.
§ 104.3413. Obligation of acceptor
1. The acceptor of a draft is obliged to pay the draft: (a) According to its terms at the time it was accepted, even though the acceptance
states that the draft is payable “as originally drawn” or equivalent terms; (b) If the acceptance varies the terms of the draft, according to the terms of the
draft as varied; or (c) If the acceptance is of a draft that is an incomplete instrument, according to
its terms when completed, to the extent stated in NRS 104.3115 and 104.3407 . The obligation is owed to a person entitled to enforce the draft or to the drawer
or an endorser who paid the draft under NRS 104.3414 or 104.3415 . 2. If the certification of a check or other acceptance of a draft states the amount
certified or accepted, the obligation of the acceptor is that amount. If the certification or acceptance does not state an amount, the amount of the instrument
is subsequently raised, and the instrument is then negotiated to a holder in due course,
the obligation of the acceptor is the amount of the instrument at the time it was
taken by the holder in due course.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.3413
What does Nevada Revised Statutes § 104.3413 cover?
Section 104.3413 ("Obligation of acceptor") 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 § 104.3413?
A common citation format is "Nevada Revised Statutes § 104.3413" (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 § 104.3413 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.