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Can you summarize NVRS 104.3408?

Uniform Commercial CodeOriginal Articles > Drawee not liable on unaccepted draft.

Short Summary

A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it. (Added to NRS by 1965, 829; A 1993, 1282)

Jurisdiction

Nevada

Source
NVRS 104.3408 [https://reggi.cloud.regology.com/regulations/US-NVRS/US-NVRS_T_8_C_104_S_3408]