NRS104.4106. Payable through or payable at bank.  


Latest version.
  •       1.  If an item states that it is “payable through” a bank identified in the item:

          (a) The item designates the bank as a collecting bank and does not by itself authorize the bank to pay the item; and

          (b) The item may be presented for payment only by or through the bank.

          2.  If an item states that it is “payable at” a bank identified in the item, the item is equivalent to a draft drawn on the bank.

      (Added to NRS by 1993, 1248)