Nevada Revised Statutes
Chapter 104A - Uniform Commercial Code — Additional Articles

NRS 104A.010 - Applicability of and references to Uniform Commercial Code. - 1. The provisions of Article 1 of the Uniform Commercial...

NRS 104A.200 - Law applicable to transactions entered into before January 1, 1990. - Transactions validly entered into before January 1, 1990, and the...

NRS 104A.2101 - Short title. - This article shall be known and may be cited as...

NRS 104A.2102 - Scope. - This article applies to any transaction, regardless of form, that...

NRS 104A.2103 - Definitions and index of definitions. - 1. In this Article unless the context otherwise requires: (a)...

NRS 104A.2104 - Leases subject to other law. - 1. A lease, although subject to this Article, is also...

NRS 104A.2105 - Territorial application of article to goods covered by certificate of title. - Subject to the provisions of subsection 3 of NRS 104A.2304...

NRS 104A.2106 - Limitation on power of parties to consumer lease to choose applicable law and judicial forum. - 1. If the law chosen by the parties to a...

NRS 104A.2107 - Waiver or renunciation of claim or right after default. - Any claim or right arising out of an alleged default...

NRS 104A.2108 - Unconscionability. - 1. If the court as a matter of law finds...

NRS 104A.2109 - Option to accelerate at will. - 1. A term providing that one party or his or...

NRS 104A.2201 - Statute of frauds. - 1. A lease contract is not enforceable by way of...

NRS 104A.2202 - Final written expression: Parol or extrinsic evidence. - Terms with respect to which the confirmatory memoranda of the...

NRS 104A.2203 - Seals inoperative. - The affixing of a seal to a writing evidencing a...

NRS 104A.2204 - Formation in general. - 1. A lease contract may be made in any manner...

NRS 104A.2205 - Firm offers. - An offer by a merchant to lease goods to or...

NRS 104A.2206 - Offer and acceptance in formation of lease contract. - 1. Unless otherwise unambiguously indicated by the language or circumstances,...

NRS 104A.2208 - Modification, rescission and waiver. - 1. An agreement modifying a lease contract needs no consideration...

NRS 104A.2209 - Lessee under finance lease as beneficiary of supply contract. - 1. The benefit of the supplier’s promises to the lessor...

NRS 104A.2210 - Express warranties. - 1. Express warranties by the lessor are created as follows:...

NRS 104A.2211 - Warranties against interference and against infringement; lessee’s obligation against infringement. - 1. There is in a lease contract a warranty that...

NRS 104A.2212 - Implied warranty of merchantability. - 1. Except in a finance lease, a warranty that the...

NRS 104A.2213 - Implied warranty of fitness for particular purpose. - Except in a finance lease, if the lessor at the...

NRS 104A.2214 - Exclusion or modification of warranties. - 1. Words or conduct relevant to the creation of an...

NRS 104A.2215 - Cumulation and conflict of warranties express or implied. - Warranties, whether express or implied, must be construed as consistent...

NRS 104A.2216 - Third-party beneficiaries of express and implied warranties. - A warranty to or for the benefit of a lessee...

NRS 104A.2217 - Identification. - Identification of goods as goods to which a lease contract...

NRS 104A.2218 - Insurance and proceeds. - 1. A lessee obtains an insurable interest when existing goods...

NRS 104A.2219 - Risk of loss. - 1. Except in the case of a finance lease, risk...

NRS 104A.2220 - Effect of default on risk of loss. - 1. Where risk of loss is to pass to the...

NRS 104A.2221 - Casualty to identified goods. - If a lease contract requires goods identified when the lease...

NRS 104A.2301 - Enforceability of lease contract. - Except as otherwise provided in this article, a lease contract...

NRS 104A.2302 - Title to and possession of goods. - Except as otherwise provided in this article, each provision of...

NRS 104A.2303 - Alienability of party’s interest under lease contract or of lessor’s residual interest in goods; delegation of performance; transfer of rights. - 1. As used in this section, "creation of a security...

NRS 104A.2304 - Subsequent lease of goods by lessor. - 1. Subject to the provisions of NRS 104A.2303, a subsequent...

NRS 104A.2305 - Sale or sublease of goods by lessee. - 1. Subject to the provisions of NRS 104A.2303, a buyer...

NRS 104A.2306 - Priority of certain liens arising by operation of law. - If a person in the ordinary course of his or...

NRS 104A.2307 - Priority of liens arising by attachment or levy on, security interests in and other claims to goods. - 1. Except as otherwise provided in NRS 104A.2306, a creditor...

NRS 104A.2308 - Special rights of creditors. - 1. A creditor of a lessor in possession of goods...

NRS 104A.2309 - Lessor’s and lessee’s rights when goods become fixtures. - 1. In this section: (a) Goods are "fixtures" when they...

NRS 104A.2310 - Lessor’s and lessee’s rights when goods become accessions. - 1. Goods are "accessions" when they are installed in or...

NRS 104A.2311 - Priority subject to subordination. - Nothing in this article prevents subordination by agreement by any...

NRS 104A.2401 - Insecurity: Adequate assurance of performance. - 1. A lease contract imposes an obligation on each party...

NRS 104A.2402 - Anticipatory repudiation. - If either party repudiates a lease contract with respect to...

NRS 104A.2403 - Retraction of anticipatory repudiation. - 1. Until the repudiating party’s next performance is due, the...

NRS 104A.2404 - Substituted performance. - 1. If without fault of the lessee, the lessor and...

NRS 104A.2405 - Excused performance. - Subject to NRS 104A.2404 on substituted performance, the following rules...

NRS 104A.2406 - Procedure on excused performance. - 1. If the lessee receives notification of a material or...

NRS 104A.2407 - Irrevocable promises: Finance leases. - 1. In the case of a finance lease that is...

NRS 104A.2501 - Default: Procedure. - 1. Whether the lessor or the lessee is in default...

NRS 104A.2502 - Notice after default. - Except as otherwise provided in this article or the lease...

NRS 104A.2503 - Modification or impairment of rights and remedies. - 1. Except as otherwise provided in this article, the lease...

NRS 104A.2504 - Liquidation of damages. - 1. Damages payable by either party for default, or any...

NRS 104A.2505 - Cancellation and termination, and effect of cancellation, termination, rescission or fraud on rights and remedies. - 1. On cancellation of the lease contract, all obligations that...

NRS 104A.2506 - Statute of limitations. - 1. An action for default under a lease contract, including...

NRS 104A.2507 - Proof of market rent: Time and place. - 1. Damages based on market rent (NRS 104A.2519 or 104A.2528)...

NRS 104A.2508 - Lessee’s remedies. - 1. If a lessor fails to deliver the goods in...

NRS 104A.2509 - Lessee’s rights on improper delivery; rightful rejection. - 1. Subject to the provisions of NRS 104A.2510 on default...

NRS 104A.2510 - Installment lease contracts: Rejection and default. - 1. Under an installment lease contract a lessee may reject...

NRS 104A.2511 - Merchant lessee’s duties as to rightfully rejected goods. - 1. Subject to any security interest of a lessee (subsection...

NRS 104A.2512 - Lessee’s duties as to rightfully rejected goods. - 1. Except as otherwise provided with respect to goods that...

NRS 104A.2513 - Cure by lessor of improper tender or delivery; replacement. - 1. If any tender or delivery by the lessor or...

NRS 104A.2514 - Waiver of lessee’s objections. - 1. In rejecting goods, a lessee’s failure to state a...

NRS 104A.2515 - Acceptance of goods. - 1. Acceptance of goods occurs after the lessee has had...

NRS 104A.2516 - Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over. - 1. A lessee must pay rent for any goods accepted...

NRS 104A.2517 - Revocation of acceptance of goods. - 1. A lessee may revoke acceptance of a lot or...

NRS 104A.2518 - Cover; substitute goods. - 1. After default by a lessor under a lease contract...

NRS 104A.2519 - Lessee’s damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods. - 1. Except as otherwise provided with respect to damages liquidated...

NRS 104A.2520 - Lessee’s incidental and consequential damages. - 1. Incidental damages resulting from a lessor’s default include expenses...

NRS 104A.2521 - Lessee’s right to specific performance or replevin. - 1. Specific performance may be decreed if the goods are...

NRS 104A.2522 - Lessee’s right to goods on lessor’s insolvency. - 1. Subject to subsection 2 and even though the goods...

NRS 104A.2523 - Lessor’s remedies. - 1. If a lessee wrongfully rejects or revokes acceptance of...

NRS 104A.2524 - Lessor’s right to identify goods to lease contract. - 1. After default by the lessee under the lease contract...

NRS 104A.2525 - Lessor’s right to possession of goods. - 1. If a lessor discovers the lessee to be insolvent,...

NRS 104A.2526 - Lessor’s stoppage of delivery in transit or otherwise. - 1. A lessor may stop delivery of goods in the...

NRS 104A.2527 - Lessor’s rights to dispose of goods. - 1. After a default by a lessee under the lease...

NRS 104A.2528 - Lessor’s damages for nonacceptance, failure to pay, repudiation or other default. - 1. Except as otherwise provided with respect to damages liquidated...

NRS 104A.2529 - Lessor’s action for the rent. - 1. After default by the lessee under the lease contract...

NRS 104A.2530 - Lessor’s incidental damages. - Incidental damages to an aggrieved lessor include any commercially reasonable...

NRS 104A.2531 - Standing to sue third parties for injury to goods. - 1. If a third party so deals with goods that...

NRS 104A.2532 - Lessor’s rights to residual interest. - In addition to any other recovery permitted by this article...

NRS 104A.4101 - Short title. - This article may be cited as Uniform Commercial Code—Funds Transfers....

NRS 104A.4102 - Subject matter. - Except as otherwise provided in NRS 104A.4108, this article applies...

NRS 104A.4103 - Payment order: Definitions. - 1. In this article: (a) "Payment order" means an instruction...

NRS 104A.4104 - Funds transfer: Definitions. - 1. "Funds transfer" means the series of transactions, beginning with...

NRS 104A.4105 - Other definitions. - 1. In this Article: (a) "Authorized account" means a deposit...

NRS 104A.4106 - Time payment order is received. - 1. The time of receipt of a payment order or...

NRS 104A.4107 - Federal Reserve regulations and operating circulars. - Regulations of the Board of Governors of the Federal Reserve...

NRS 104A.4108 - Exclusion of certain consumer transactions governed by federal law; resolution of inconsistencies between federal law and state law. - 1. Except as otherwise provided in subsection 2, this article...

NRS 104A.4201 - Security procedure. - 1. "Security procedure" means a procedure established by agreement of...

NRS 104A.4202 - Authorized and verified payment orders. - 1. A payment order received by the receiving bank is...

NRS 104A.4203 - Unenforceability of certain verified payment orders. - 1. If an accepted payment order is not, under subsection...

NRS 104A.4204 - Refund of payment and duty of customer to report with respect to unauthorized payment order. - 1. If a receiving bank accepts a payment order issued...

NRS 104A.4205 - Erroneous payment orders. - 1. If an accepted payment order was transmitted pursuant to...

NRS 104A.4206 - Transmission of payment order through funds-transfer or other communication system. - 1. If a payment order addressed to a receiving bank...

NRS 104A.4207 - Misdescription of beneficiary. - 1. Except as otherwise provided in subsection 2, if, in...

NRS 104A.4208 - Misdescription of intermediary bank or beneficiary’s bank. - 1. If a payment order identifies an intermediary bank or...

NRS 104A.4209 - Acceptance of payment order. - 1. Except as otherwise provided in subsection 4, a receiving...

NRS 104A.4210 - Rejection of payment order. - 1. A payment order is rejected by the receiving bank...

NRS 104A.4211 - Cancellation and amendment of payment order. - 1. A communication of the sender of a payment order...

NRS 104A.4212 - Liability and duty of receiving bank regarding unaccepted payment order. - If a receiving bank fails to accept a payment order...

NRS 104A.4301 - Execution and execution date. - 1. A payment order is "executed" by the receiving bank...

NRS 104A.4302 - Obligation of receiving bank in execution of payment order. - 1. Except as otherwise provided in subsections 2, 3 and...

NRS 104A.4303 - Erroneous execution of payment order. - 1. A receiving bank that executes the payment order of...

NRS 104A.4304 - Duty of sender to report erroneously executed payment order. - If the sender of a payment order that is erroneously...

NRS 104A.4305 - Liability for late or improper execution or failure to execute payment order. - 1. If a funds transfer is completed but execution of...

NRS 104A.4401 - Payment date. - "Payment date" of a payment order means the day on...

NRS 104A.4402 - Obligation of sender to pay receiving bank. - 1. This section is subject to NRS 104A.4205 and 104A.4207....

NRS 104A.4403 - Payment by sender to receiving bank. - 1. Payment of the sender’s obligation under NRS 104A.4402 to...

NRS 104A.4404 - Obligation of beneficiary’s bank to pay and give notice to beneficiary. - 1. Except as otherwise provided in subsection 5 of NRS...

NRS 104A.4405 - Payment by beneficiary’s bank to beneficiary. - 1. If the beneficiary’s bank credits an account of the...

NRS 104A.4406 - Payment by originator to beneficiary; discharge of underlying obligation. - 1. Except as otherwise provided in subsection 5 of NRS...

NRS 104A.4501 - Variation by agreement and effect of funds-transfer system rule. - 1. Except as otherwise provided in this article, the rights...

NRS 104A.4502 - Creditor’s process served on receiving bank; setoff by beneficiary’s bank. - 1. As used in this section, "creditor’s process" means levy,...

NRS 104A.4503 - Injunction or restraining order with respect to funds transfer. - 1. For proper cause and in compliance with applicable law,...

NRS 104A.4504 - Order in which items and payment orders may be charged to account; order of withdrawals from account. - 1. If a receiving bank has received more than one...

NRS 104A.4505 - Preclusion of objection to debit of customer’s account. - If a receiving bank has received payment from its customer...

NRS 104A.4506 - Rate of interest. - 1. If, under this article, a receiving bank is obliged...

NRS 104A.4507 - Choice of law. - 1. The following rules govern choice of law unless the...

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Nevada Revised Statutes Chapter 104A - Uniform Commercial Code — Additional Articles

Nevada Revised Statutes
Chapter 104A - Uniform Commercial Code — Additional Articles