Nevada § 104.4501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
Full text of Nevada Nevada Revised Statutes § 104.4501 — Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor, with citation guidance and answers to common questions.
§ 104.4501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
A bank which takes a documentary draft for collection must present or send the draft
and accompanying documents for presentment and upon learning that the draft has not
been paid or accepted in due course must seasonably notify its customer of such fact
even though it may have discounted or bought the draft or extended credit available
for withdrawal as of right.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.4501
What does Nevada Revised Statutes § 104.4501 cover?
Section 104.4501 ("Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor") 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 § 104.4501?
A common citation format is "Nevada Revised Statutes § 104.4501" (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 § 104.4501 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.