Nevada § 104.930602 Law governing perfection and priority of security interests in controllable accounts, controllable electronic records and controllable payment intangibles

Nevada Statutes

§ 104.930602 — Law governing perfection and priority of security interests in controllable accounts, controllable electronic records and controllable payment intangibles

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Perfection and Priority

1. Except as provided in subsection 2, the law of the controllable electronic record’s jurisdiction specified in subsections 3 and 4 of NRS 104B.12107 governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a controllable electronic record and a security interest in a controllable account or controllable payment intangible evidenced by the controllable electronic record. 2. The law of the jurisdiction in which the debtor is located governs:

(a)Perfection of a security interest in a controllable account, controllable electronic record or controllable payment intangible by filing; and

(b)Automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.

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1. Except as provided in subsection 2, the law of the controllable electronic record’s jurisdiction specified in subsections 3 and 4 of NRS 104B.12107 governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a controllable electronic record and a security interest in a controllable account or controllable payment intangible evidenced by the controllable electronic record.
2. The law of the jurisdiction in which the debtor is located governs:
(a) Perfection of a security interest in a controllable account, controllable electronic record or controllable payment intangible by filing; and
(b) Automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.

Nevada § 104.930602 (Law governing perfection and priority of security interests in controllable accounts, controllable electronic records and controllable payment intangibles) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.