Nevada § 104.4204 - Methods of sending and presenting; sending directly to payor bank
Full text of Nevada Nevada Revised Statutes § 104.4204 — Methods of sending and presenting; sending directly to payor bank, with citation guidance and answers to common questions.
§ 104.4204. Methods of sending and presenting; sending directly to payor bank
1. A collecting bank shall send items by a reasonably prompt method, taking into consideration
relevant instructions, the nature of the item, the number of such items on hand, the
cost of collection involved, and the method generally used by it or others to present
such items. 2. A collecting bank may send: (a) An item directly to the payor bank; (b) An item to a nonbank payor if authorized by its transferor; and (c) An item other than documentary drafts to a nonbank payor, if authorized by Federal
Reserve regulation or operating circular, clearinghouse rule or the like. 3. Presentment may be made by a presenting bank at a place where the payor bank or
other payor has requested that presentment be made.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.4204
What does Nevada Revised Statutes § 104.4204 cover?
Section 104.4204 ("Methods of sending and presenting; sending directly to payor bank") 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 § 104.4204?
A common citation format is "Nevada Revised Statutes § 104.4204" (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 § 104.4204 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.