Nevada Commercial Instruments and Transactions

Sec. § 104.3407


“Alteration” means an unauthorized:


Change in an instrument that purports to modify in any respect the obligation of a party; or


Addition of words or numbers or other change to an incomplete instrument relating to the obligation of a party.


Except as otherwise provided in subsection 3, an alteration fraudulently made discharges a party whose obligation is affected by the alteration unless that party assents or is precluded from asserting the alteration. No other alteration discharges a party, and the instrument may be enforced according to its original terms.


A payor bank or drawee paying a fraudulently altered instrument or a person taking it for value, in good faith, and without notice of the alteration, may enforce rights with respect to the instrument:


According to its original terms; or


In the case of an incomplete instrument altered by unauthorized completion, according to its terms as completed.

Last accessed
Feb. 5, 2021