Nevada Statutes
§ 104.3107 — Instrument payable in foreign money
Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· General Provisions and Definitions
Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.
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Legislative History
(Added to NRS by 1965, 819 ; A 1993, 1261 )
Nearby Sections
15
§ 104.1101
Short titles§ 104.1102
Scope of Article 1§ 104.1104
Construction against implied repeal§ 104.1105
Severability§ 104.1106
Use of singular and plural; gender§ 104.1201
General definitions§ 104.1202
Notice; knowledge§ 104.1204
Value§ 104.1205
Reasonable time; seasonableness§ 104.1206
Presumptions§ 104.1302
Variation by agreement