(1) This chapter applies to negotiable instruments. It does not apply to money, to payment orders governed by part 6 of chapter 4[, title 28, Idaho Code], or to securities governed by chapter 8[, title 28, Idaho Code].
(2) If there is conflict between this chapter and chapter 4 or 9, chapters 4 and 9[, title 28, Idaho Code,] govern.
(3) Regulations of the board of governors of the federal reserve system and operating circulars of the federal reserve banks supersede any inconsistent provision of this chapter to the extent of the inconsistency.