NRS 104A.4105
Other definitions.
1.
In this Article:(a)
“Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.(b)
“Bank” means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company. A branch or separate office of a bank is a separate bank for purposes of this Article.(c)
“Customer” means a person, including a bank, having an account with a bank or from whom a bank has agreed to receive payment orders.(d)
“Funds-transfer business day” of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing and transmittal of payment orders and cancellations and amendments of payment orders.(e)
“Funds-transfer system” means a wire transfer network, automated clearing house, or other communication system of a clearing house or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.(f)
“Prove” with respect to a fact means to meet the burden of establishing the fact (paragraph (h) of subsection 2 of NRS 104.1201).2.
Other definitions applying to this Article and the sections in which they appear are:3.
The following definitions in Article 4 apply to this Article:4.
In addition Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.
Source:
Section 104A.4105 — Other definitions., https://www.leg.state.nv.us/NRS/NRS-104A.html#NRS104ASec4105 (accessed May 26, 2025).