NRS 104.9110 Applicability to security interests arising under Article 2 or 2A.
127 words·~1 min read·
/nv/chapter-104-uniform-commercial-code-original-articles/104-9110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 104.9110 Applicability to security interests arising under Article 2 or 2A. 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.
Part 2
Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement