Nevada Code § 104.2320

1. The term C.I.F. means that the price
includes in a lump sum the cost of the goods and the insurance and freight to
the named destination. The term C. & F. or C.F. means that the price so
includes cost and freight to the named destination.
2. Unless otherwise agreed and even though
used only in connection with the stated price and destination, the term C.I.F.
destination or its equivalent requires the seller at his or her own expense and
risk to:
(a) Put the goods into the possession of a carrier
at the port for shipment and obtain a negotiable bill or bills of lading
covering the entire transportation to the named destination; and
(b) Load the goods and obtain a receipt from the
carrier (which may be contained in the bill of lading) showing that the freight
has been paid or provided for; and
(c) Obtain a policy or certificate of insurance,
including any war risk insurance, of a kind and on terms then current at the
port of shipment in the usual amount, in the currency of the contract, shown to
cover the same goods covered by the bill of lading and providing for payment of
loss to the order of the buyer or for the account of whom it may concern; but
the seller may add to the price the amount of the premium for any such war risk
insurance; and
(d) Prepare an invoice of the goods and procure
any other documents required to effect shipment or to comply with the contract;
and
(e) Forward and tender with commercial promptness
all the documents in due form and with any endorsement necessary to perfect the
buyers rights.
3. Unless otherwise agreed the term C.
& F. or its equivalent has the same effect and imposes upon the seller the
same obligations and risks as a C.I.F. term except the obligation as to
insurance.
4. Under the term C.I.F. or C. & F.
unless otherwise agreed the buyer must make payment against tender of the
required documents and the seller may not tender nor the buyer demand delivery
of the goods in substitution for the documents.

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