Nevada Revised Statutes

Nev. Rev. Stat. § 104.3604 (2026)

Discharge by cancellation or renunciation

✓ current as of July 2026

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NRS 104.3604 Discharge by cancellation or renunciation.

1. A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument:

(a) By an intentional voluntary act, such as surrender of the instrument to the party, destruction, mutilation or cancellation of the instrument, cancellation or striking out of the party’s signature, or the addition of words to the instrument indicating discharge; or

(b) By agreeing not to sue or otherwise renouncing rights against the party by a signed record.

Ê The obligation of a party to pay a check is not discharged solely by destruction of the check in connection with a process in which information is extracted from the check and an image of the check is made and, subsequently, the information and image are transmitted for payment.

2. Cancellation or striking out of an endorsement pursuant to subsection 1 does not affect the status and rights of a party derived from the endorsement.

(Added to NRS by 1965, 837; A 1993, 1298; 2005, 2004; 2023, 3184)

Notes of Decisions

Cited in 1 case, 2020–2020 · leading case: Select Portfolio Serv., Inc. Vs. Dunmire (Nev. 2020).

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Select Portfolio Serv., Inc. Vs. Dunmire (Nev. 2020). “3604, a note holder may discharge a party's obligation to pay by either an intentional voluntary act (surrendering or destroying the note, canceling or striking out the party's 4 signature, or adding words indicating a discharge), or by renouncing the holder's right to enforce…”

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