NRS 104.3412
Obligation of issuer of note or cashier’s check.

1.

The issuer of a note or cashier’s check or other draft drawn on the drawer is obliged to pay the instrument:

(a)

According to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder; or

(b)

If the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in NRS 104.3115 and 104.3407.

2.

The obligation is owed to a person entitled to enforce the instrument or to an endorser who paid the instrument under NRS 104.3415.

Source: Section 104.3412 — Obligation of issuer of note or cashier’s check., https://www.­leg.­state.­nv.­us/NRS/NRS-104.­html#NRS104Sec3412.

Last Updated

Jun. 24, 2021

§ 104.3412’s source at nv​.us