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Nevada Revised Statutes

Nev. Rev. Stat. § 104.3201 (2026)

Negotiation

✓ current as of July 2026
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NRS 104.3201  Negotiation.

      1.  “Negotiation” means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.

      2.  Except for negotiation by a remitter, if an instrument is payable to an identified person, negotiation requires transfer of possession of the instrument and its endorsement by the holder. If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.

      (Added to NRS by 1965, 823; A 1993, 1268)

     

Notes of Decisions
Cited in 6 cases (2 in the last 5 years), 2011–2026 · leading case: In re Phillips, 491 B.R. 255 (Bankr. D. Nev. 2013).
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In re Phillips, 491 B.R. 255 (Bankr. D. Nev. 2013). · cites it 8× “” (internal quotation marks and citations omitted)); Nev. RevStat. §§ 104.3201, 104.3204 (2011); Weinstein’s Federal Evidence, supra, § 801.”
Leyva v. Nat'l Default Servicing Corp., 255 P.3d 1275 (Nev. 2011). · cites it 3× “” NRS 104.3201(1). “[I]f an instrument is payable to an identified person, negotiation requires transfer of possession of the *479 instrument and its endorsement by the holder.”
Edelstein v. Bank of New York Mellon, 286 P.3d 249 (Nev. 2012). “3205(2) (explaining that an instrument endorsed in blank is payable to bearer and “may be negotiated by transfer of possession alone”); NRS 104.3201(2) (“If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.”
In re Stanley, 514 B.R. 27 (Bankr. D. Nev. 2012). · cites it 3× “” Nev.Rev. Stat. § 104.3201(1). If a note is payable to “an identified person, negotiation requires transfer of possession of the instrument and its endorsement by the holder.”
Nguyen (D. Nev. 2026). · cites it 2× “Further, NRS 104.3201 17 similarly contains no requirement that a lender must sign a promissory note or DOT for either 18 instrument to be enforceable.”
Nguyen (D. Nev. 2026). · cites it 2× “Further, NRS 104.3201 17 similarly contains no requirement that a lender must sign a promissory note or DOT for either 18 instrument to be enforceable.”
— Nev. Rev. Stat. § 104.3201(1) — 3 cases
In re Phillips, 491 B.R. 255 (Bankr. D. Nev. 2013). “” (internal quotation marks and citations omitted)); Nev. RevStat. §§ 104.3201, 104.3204 (2011); Weinstein’s Federal Evidence, supra, § 801.”
Leyva v. Nat'l Default Servicing Corp., 255 P.3d 1275 (Nev. 2011). “” NRS 104.3201(1). “[I]f an instrument is payable to an identified person, negotiation requires transfer of possession of the *479 instrument and its endorsement by the holder.”
In re Stanley, 514 B.R. 27 (Bankr. D. Nev. 2012). “” Nev.Rev. Stat. § 104.3201(1). If a note is payable to “an identified person, negotiation requires transfer of possession of the instrument and its endorsement by the holder.”
— Nev. Rev. Stat. § 104.3201(2) — 4 cases
Leyva v. Nat'l Default Servicing Corp., 255 P.3d 1275 (Nev. 2011). “” NRS 104.3201(1). “[I]f an instrument is payable to an identified person, negotiation requires transfer of possession of the *479 instrument and its endorsement by the holder.”
Edelstein v. Bank of New York Mellon, 286 P.3d 249 (Nev. 2012). “3205(2) (explaining that an instrument endorsed in blank is payable to bearer and “may be negotiated by transfer of possession alone”); NRS 104.3201(2) (“If an instrument is payable to bearer, it may be negotiated by transfer of possession alone.”
In re Phillips, 491 B.R. 255 (Bankr. D. Nev. 2013). “” (internal quotation marks and citations omitted)); Nev. RevStat. §§ 104.3201, 104.3204 (2011); Weinstein’s Federal Evidence, supra, § 801.”
In re Stanley, 514 B.R. 27 (Bankr. D. Nev. 2012). “” Nev.Rev. Stat. § 104.3201(1). If a note is payable to “an identified person, negotiation requires transfer of possession of the instrument and its endorsement by the holder.”
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