Nevada § 104.4109 - Delays
Full text of Nevada Nevada Revised Statutes § 104.4109 — Delays, with citation guidance and answers to common questions.
§ 104.4109. Delays
1. Unless otherwise instructed, a collecting bank in a good faith effort to secure
payment of a specific item drawn on a payor other than a bank, and with or without
the approval of any person involved, may waive, modify or extend time limits imposed
or permitted by this chapter for a period not exceeding two additional banking days
without discharge of drawers or endorsers or liability to its transferor or a prior
party. 2. Delay by a collecting bank or payor bank beyond time limits prescribed or permitted
by this chapter or by instructions is excused if: (a) The delay is caused by interruption of communication or computer facilities, suspension
of payments by another bank, war, emergency conditions, failure of equipment or other
circumstances beyond the control of the bank; and (b) The bank exercises such diligence as the circumstances require.
Frequently Asked Questions About Nevada § 104.4109
What does Nevada Revised Statutes § 104.4109 cover?
Section 104.4109 ("Delays") 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 § 104.4109?
A common citation format is "Nevada Revised Statutes § 104.4109" (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 § 104.4109 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.