NRS 104.9509 Persons entitled to file record.

260 words·~1 min read·/nv/chapter-104-uniform-commercial-code-original-articles/104-9509

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. A person may file an initial financing statement, amendment that adds collateral covered by a financing statement or amendment that adds a debtor to a financing statement only if:

(a)The debtor authorizes the filing in a signed record;

(b)The person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien; or

(c)Otherwise authorized by subsection 2 or 3.

2. By signing or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:

(a)The collateral described in the security agreement; and

(b)Property that becomes collateral under paragraph

(b)of subsection 1 of NRS 104.9315 , whether or not the security agreement expressly covers proceeds.

3. A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:

(a)The secured party of record authorizes the filing; or

(b)The change is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by subsection 1 or 3 of NRS 104.9513 .

4. If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under subsection 3.