Nevada § 87.4315 - Knowledge and notice
Full text of Nevada Nevada Revised Statutes § 87.4315 — Knowledge and notice, with citation guidance and answers to common questions.
§ 87.4315. Knowledge and notice
1. A person knows a fact if the person has actual knowledge of it. 2. A person has notice of a fact if the person: (a) Knows of it; (b) Has received a notification of it; or (c) Has reason to know it exists from all of the facts known to the person at the
time in question. 3. A person notifies or gives a notification to another by taking steps reasonably
required to inform the other person in ordinary course, whether or not the other person
learns of it. 4. A person receives a notification when the notification: (a) Comes to the person's attention; or (b) Is duly delivered at the person's place of business or at any other place held
out by the person as a place for receiving communications. 5. Except as otherwise provided in subsection 6, a person other than a natural person
knows, has notice, or receives a notification of a fact for purposes of a particular
transaction when the natural person conducting the transaction knows, has notice,
or receives a notification of the fact, or in any event when the fact would have been
brought to the natural person's attention if the person had exercised reasonable diligence. The person exercises reasonable diligence if it maintains reasonable routines for
communicating significant information to the natural person conducting the transaction
and there is reasonable compliance with the routines. Reasonable diligence does not require a natural person acting for the person to
communicate information unless the communication is part of the natural person's regular
duties or the natural person has reason to know of the transaction and that the transaction
would be materially affected by the information. 6. A partner's knowledge, notice, or receipt of a notification of a fact relating
to the partnership is effective immediately as knowledge by, notice to, or receipt
of a notification by the partnership, except in the case of a fraud on the partnership
committed by or with the consent of that partner.
Frequently Asked Questions About Nevada § 87.4315
What does Nevada Revised Statutes § 87.4315 cover?
Section 87.4315 ("Knowledge and notice") 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 § 87.4315?
A common citation format is "Nevada Revised Statutes § 87.4315" (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 § 87.4315 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.