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Can you summarize NVRS 104.3312?
Uniform Commercial CodeOriginal Articles > Lost, destroyed or stolen cashiers check, tellers check or certified check.
Short Summary
This section of the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, governs the procedures and rights related to lost, destroyed, or stolen cashier’s checks, teller’s checks, or certified checks. The section defines key terms such as ‘check’ (which includes cashier’s checks, teller’s checks, and certified checks), ‘claimant’ (a person claiming the right to receive the amount of a lost, destroyed, or stolen check), and ‘declaration of loss’ (a statement made under penalty of perjury regarding the loss of possession of a check). It outlines the process for a claimant to assert a claim to the amount of a check, including providing a declaration of loss and reasonable identification to the obligated bank. The section also establishes the enforceability of a claim, the obligations of the obligated bank, and the responsibilities of the claimant if the check is paid or dishonored. Additionally, it clarifies that a claimant may assert rights under this section or under another relevant section if they are also a person entitled to enforce the lost, destroyed, or stolen check. Overall, this section provides a framework for addressing and resolving issues related to lost, destroyed, or stolen cashier’s checks, teller’s checks, or certified checks in Nevada.
Whom does it apply to?
Claimants who have lost, destroyed, or had their cashier's check, teller's check, or certified check stolen
What does it govern?
Lost, destroyed or stolen cashiers check, tellers check or certified check
What are exemptions?
No exemptions are mentioned
What are the Penalties?
No penalties are mentioned
Jurisdiction
Nevada