1.An instrument may be antedated or postdated. The date stated determines the time of payment if the instrument is payable at a fixed period after date. Except as otherwise provided in subsection 3 of NRS 104.4401 , an instrument payable on demand is not payable before the date of the instrument. 2.If an instrument is undated, its date is the date of its issue or, in the case of an unissued instrument, the date it first comes into possession of a holder.

If an instrument contains contradictory terms, typewritten terms prevail over printed terms, handwritten terms prevail over both, and words prevail over numbers. (Added to NRS by 1965, 821; A 1993, 1264)

This legal document, as part of the Nevada Revised Statutes, falls under the Uniform Commercial CodeOriginal Articles. It defines an ‘incomplete instrument’ as a signed writing that is intended to be completed by adding words or numbers. If an incomplete instrument falls under NRS 104.3104, it can be enforced according to its terms, whether completed or not. If it does not fall under NRS 104.3104 but meets the requirements after completion, it can still be enforced.

1.Except as otherwise provided in the instrument, two or more persons who have the same liability on an instrument as makers, drawers, acceptors, endorsers who endorse as joint payees, or anomalous endorsers are jointly and severally liable in the capacity in which they sign. 2.Except as otherwise provided in subsection 6 of NRS 104.3419 or by agreement of the affected parties, a party having joint and several liability who pays the instrument is entitled to receive from any party having the same joint and several liability contribution in accordance with applicable law.

Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument may be modified, supplemented or nullified by a separate agreement of the obligor and a person entitled to enforce the instrument, if the instrument is issued or the obligation is incurred in reliance on the agreement or as part of the same transaction giving rise to the agreement.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, establishes the statute of limitations for different types of commercial instruments and transactions. It specifies the time limits within which parties must commence legal actions to enforce payment obligations. The document covers notes payable at a definite time, notes payable on demand, unaccepted drafts, certified checks, teller’s checks, cashier’s checks, traveler’s checks, and certificates of deposit.

In an action for breach of an obligation for which a third person is answerable over pursuant to this Article or Article 4, the defendant may give the third person notice of the litigation in a record, and the person notified may then give similar notice to any other person who is answerable over. If the notice states that the person notified may come in and defend and that failure to do so will bind the person notified in an action later brought by the person giving the notice as to any determination of fact common to the two litigations, the person notified is so bound unless after seasonable receipt of the notice the person notified does come in and defend.

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.

1.Negotiation is effective even if obtained: (a)From an infant, a corporation exceeding its powers or a person without capacity; (b)By fraud, duress or mistake; or (c)In breach of duty or as part of an illegal transaction. 2.To the extent permitted by other law, negotiation may be rescinded or may be subject to other remedies, but those remedies may not be asserted against a subsequent holder in due course or a person paying the instrument in good faith and without knowledge of facts that are a basis for rescission or other remedy.

This section of the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, governs the transfer of instruments and the rights acquired through such transfers. It defines the process of transferring an instrument and the rights that are transferred along with it. The section clarifies that the transferee acquires the transferor’s rights to enforce the instrument, including the rights of a holder in due course, unless the transferee engaged in fraud or illegality affecting the instrument.