Nevada Statutes

§ 104.3311 — Accord and satisfaction by use of instrument

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Enforcement of Instruments

1. If a person against whom a claim is asserted proves that he or she in good faith tendered an instrument to the claimant as full satisfaction of the claim, the amount of the claim was unliquidated or subject to a bona fide dispute, and the claimant obtained payment of the instrument, subsections 2, 3 and 4 apply. 2. Unless subsection 3 applies, the claim is discharged if the person against whom the claim is asserted proves that the instrument or an accompanying written communication contained a conspicuous statement to the effect that the instrument was tendered as full satisfaction of the claim. 3. Except as otherwise provided in subsection 4, a claim is not discharged under subsection 2 if either of the following applies:

(a)The claimant, if an organization, proves that:
(1)Within a

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Related

Pierce Lathing Co. v. Isec, Inc.
956 P.2d 93 (Nevada Supreme Court, 1998)
10 case citations

Legislative History

(Added to NRS by 1993, 1245 )

Nearby Sections

15
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