Performance or acceptance under reservation of rights
Known as the Uniform Commercial Code
The act spans §§ 104–104 (489 sections).
Applied in 1 court decision — leading case NAUTILUS INS. CO. VS. ACCESS MED., LLC (NRAP 5) (2021)
Most recently applied in NAUTILUS INS. CO. VS. ACCESS MED., LLC (NRAP 5) (March 2021)
(Added to NRS by 2005, 832)
1. A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as “without prejudice,” “under protest,” or the like are sufficient.
2. Subsection 1 does not apply to an accord and satisfaction.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.