104.4110 - Electronic presentment. - Nevada Statutes

104.4110  Electronic presentment.

      1.  “Agreement for electronic presentment” means an agreement, clearing-house rule or Federal Reserve regulation or operating circular, providing that presentment of an item may be made by transmission of an image of an item or information describing the item (“presentment notice”) rather than delivery of the item itself. The agreement may provide for procedures governing retention, presentment, payment, dishonor and other matters concerning items subject to the agreement.

      2.  Presentment of an item pursuant to an agreement for presentment is made when the presentment notice is received.

      3.  If presentment is made by presentment notice, a reference to “item” or “check” in this article means the presentment notice unless the context otherwise indicates.

      (Added to NRS by 1993, 1248)

      NRS 104.4111  Statute of limitations.  An action to enforce an obligation, duty or right arising under this article must be commenced within three years after the cause of action accrues.

      (Added to NRS by 1993, 1248)