Nevada § 104.4504 - Privilege of presenting bank to deal with goods; security interest for expenses
Full text of Nevada Nevada Revised Statutes § 104.4504 — Privilege of presenting bank to deal with goods; security interest for expenses, with citation guidance and answers to common questions.
§ 104.4504. Privilege of presenting bank to deal with goods; security interest for expenses
1. A presenting bank which, following the dishonor of a documentary draft, has seasonably
requested instructions but does not receive them within a reasonable time may store,
sell or otherwise deal with the goods in any reasonable manner. 2. For its reasonable expenses incurred by action under subsection 1 the presenting
bank has a lien upon the goods or their proceeds, which may be foreclosed in the same
manner as an unpaid seller's lien.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.4504
What does Nevada Revised Statutes § 104.4504 cover?
Section 104.4504 ("Privilege of presenting bank to deal with goods; security interest for expenses") 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 § 104.4504?
A common citation format is "Nevada Revised Statutes § 104.4504" (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 § 104.4504 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.