Nevada § 162.090 - Check drawn upon account of principal
Full text of Nevada Nevada Revised Statutes § 162.090 — Check drawn upon account of principal, with citation guidance and answers to common questions.
§ 162.090. Check drawn upon account of principal
If a check is drawn upon the account of his or her principal in a bank by a fiduciary
who is empowered to draw checks upon the principal's account, the bank is authorized
to pay such check without being liable to the principal, unless the bank pays the
check with actual knowledge that the fiduciary is committing a breach of his or her
obligation as fiduciary in drawing such check, or with knowledge of such facts that
its action in paying the check amounts to bad faith. If, however, such a check is payable to the drawee bank and is delivered to it in
payment of or as security for a personal debt of the fiduciary to it, the bank is
liable to the principal if the fiduciary in fact commits a breach of his or her obligation
as fiduciary in drawing or delivering the check.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 162.090
What does Nevada Revised Statutes § 162.090 cover?
Section 162.090 ("Check drawn upon account of principal") 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 § 162.090?
A common citation format is "Nevada Revised Statutes § 162.090" (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 § 162.090 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.