§ 104.4501 Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
§ 104.4502 Presentment of ‘on arrival’ drafts
§ 104.4503 Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need
§ 104.4504 Privilege of presenting bank to deal with goods; security interest for expenses

Terms Used In Nevada Revised Statutes > Chapter 104 > Article 4 > Collection of Documentary Drafts

  • Customer: means any person having an account with a bank or for whom a bank has agreed to collect items, including a bank that maintains an account at another bank. See Nevada Revised Statutes 104.4104
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Documentary draft: means a draft to be presented for acceptance or payment if specified documents, certificated securities or instructions for uncertificated securities, or other certificates, statements or the like are to be received by the drawee or other payor before acceptance or payment of the draft. See Nevada Revised Statutes 104.4104
  • Draft: means a draft as defined in NRS 104. See Nevada Revised Statutes 104.4104
  • Drawee: means a person ordered in a draft to make payment. See Nevada Revised Statutes 104.4104
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.