Nevada § 104.9110 Applicability to security interests arising under Article 2 or 2A

Nevada Statutes

§ 104.9110 — Applicability to security interests arising under Article 2 or 2A

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· General Provisions

A security interest arising under NRS 104.2401, 104.2505, subsection 3 of 104.2711, or subsection 5 of NRS 104A.2508 is subject to this Article. However, until the debtor obtains possession of the goods:

1.The security interest is enforceable, even if paragraph (c) of subsection 2 of NRS 104.9203 has not been satisfied;

2.Filing is not required to perfect the security interest;

3.The rights of the secured party after default by the debtor are governed by Article 2 or 2A; and

4.The security interest has priority over a conflicting security interest created by the debtor.

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A security interest arising under NRS 104.2401, 104.2505, subsection 3 of 104.2711, or subsection 5 of NRS 104A.2508 is subject to this Article. However, until the debtor obtains possession of the goods:
1. The security interest is enforceable, even if paragraph (c) of subsection 2 of NRS 104.9203 has not been satisfied;
2. Filing is not required to perfect the security interest;
3. The rights of the secured party after default by the debtor are governed by Article 2 or 2A; and
4. The security interest has priority over a conflicting security interest created by the debtor.

Nevada § 104.9110 (Applicability to security interests arising under Article 2 or 2A) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.