Rule 7, Section 5, Article 5

A forward pass, legal or illegal, is incomplete and the ball becomes dead when the pass touches the ground or goes out of bounds. It is also incomplete when a player in is the air possesses the pass and alights so that his first contact with the ground or with anything other than a player or game official is on or outside a boundary. When an incompletion occurs the down counts unless the pass is after a change of possession. If the pass is legal, the passing team next snaps the ball at the previous spot, unless lost after fourth down.