Nevada § 104A.4212 - Liability and duty of receiving bank regarding unaccepted payment order
Full text of Nevada Nevada Revised Statutes § 104A.4212 — Liability and duty of receiving bank regarding unaccepted payment order, with citation guidance and answers to common questions.
§ 104A.4212. Liability and duty of receiving bank regarding unaccepted payment order
If a receiving bank fails to accept a payment order that it is obliged by express
agreement to accept, the bank is liable for breach of the agreement to the extent
provided in the agreement or in this article, but does not otherwise have any duty
to accept a payment order or, before acceptance, to take any action, or refrain from
taking action, with respect to the order except as provided in this article or by
express agreement. Liability based on acceptance arises only when acceptance occurs as stated in NRS 104A.4209 , and liability is limited to that provided in this article. A receiving bank is not the agent of the sender or beneficiary of the payment order
it accepts, or of any other party to the funds transfer, and the bank owes no duty
to any party to the funds transfer except as otherwise provided in this article or
by express agreement.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104A.4212
What does Nevada Revised Statutes § 104A.4212 cover?
Section 104A.4212 ("Liability and duty of receiving bank regarding unaccepted payment order") 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 § 104A.4212?
A common citation format is "Nevada Revised Statutes § 104A.4212" (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 § 104A.4212 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.