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Can you summarize NVRS 104A.4505?
Uniform Commercial CodeAdditional Articles > Preclusion of objection to debit of customers account.
Short Summary
If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as sender and accepted by the bank, and the customer received notification reasonably identifying the order, the customer is precluded from asserting that the bank is not entitled to retain the payment unless the customer notifies the bank of his or her objection to the payment within 1 year after the notification was received by him or her. (Added to NRS by 1991, 447)
Jurisdiction
Nevada