Nev. Rev. Stat. § 104.7507
Warranties on negotiation or delivery of document of title
Nevada · Nevada Revised Statutes Chapter 104 — Uniform Commercial Code—Original Articles · Status: effective
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- Citation
- Nev. Rev. Stat. § 104.7507, Warranties on negotiation or delivery of document of title, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2079529
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Full text
If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under NRS 104.7508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:
1. The document is genuine;
2. The transferor does not have knowledge of any fact that would impair the document’s validity or worth; and
3. The negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.