Nev. Rev. Stat. » NRS: CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES
Nevada Revised Statutes

Nev. Rev. Stat. § 104.3108 (2026)

Payable on demand or at definite time

✓ current as of July 2026
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NRS 104.3108  Payable on demand or at definite time.

      1.  A promise or order is “payable on demand” if it:

      (a) States that it is payable on demand or at sight;

      (b) Otherwise indicates that it is payable at the will of the holder; or

      (c) Does not state any time of payment.

      2.  A promise or order is “payable at a definite time” if it is payable on elapse of a definite period of time after sight or acceptance or at a fixed date or dates or at a time or times readily ascertainable at the time the promise or order is issued, subject to rights of prepayment, acceleration, extension at the option of the holder or extension to a further definite time at the option of the maker or acceptor or automatically upon or after a specified act or event.

      3.  If an instrument, payable at a fixed date, is also payable upon demand made before the fixed date, the instrument is payable on demand until the fixed date and, if demand for payment is not made before that date, becomes payable at a definite time on the fixed date.

      (Added to NRS by 1965, 819; A 1993, 1261)

     

Notes of Decisions
Cited in 2 cases, 2000–2000 · leading case: Tuan Ngoc Nguyen v. State, 14 P.3d 515 (Nev. 2000).
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Tuan Ngoc Nguyen v. State, 14 P.3d 515 (Nev. 2000). “” NRS 104.3108(1); see also U.C.C. § 3-108(a).”
Fleeger v. Bell, 95 F. Supp. 2d 1126 (D. Nev. 2000). · cites it 2× “See Nev. Rev.Stat. § 104.3108. Here, the markers referenced within Fleeger’s Amended Complaint specifically state that the payor empowers Desert Palace to fill in the amount, name, account number and address of any financial institution in which the payor holds funds.”
— Nev. Rev. Stat. § 104.3108(1) — 1 case
Tuan Ngoc Nguyen v. State, 14 P.3d 515 (Nev. 2000). “” NRS 104.3108(1); see also U.C.C. § 3-108(a).”
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