Nevada § 104.9332 Effect of transfer of money; effect of transfer of funds from deposit account

Nevada Statutes

§ 104.9332 — Effect of transfer of money; effect of transfer of funds from deposit account

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

1.A transferee of money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.

2.A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.

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1. A transferee of money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.
2. A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.

Nevada § 104.9332 (Effect of transfer of money; effect of transfer of funds from deposit account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.