Nev. Rev. Stat. § 104.3201

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 104.3201 - Negotiation
1. "Negotiation" means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.
2. Except for negotiation by a remitter, if an instrument is payable to an identified person, negotiation requires transfer of possession of the instrument and its endorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.

NRS 104.3201

Added to NRS by 1965, 823; A 1993, 1268
(Added to NRS by 1965, 823; A 1993, 1268)-(Substituted in revision for NRS 104.3202 )