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Can you summarize NVRS 104.9210?
Uniform Commercial CodeOriginal Articles > Request for accounting; request regarding list of collateral or statement of account.
Short Summary
This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs requests for accounting, requests regarding a list of collateral, and requests regarding a statement of account. It defines the terms ‘Request for an accounting,’ ‘Request regarding a list of collateral,’ and ‘Request regarding a statement of account.’ The document outlines the obligations of secured parties, other than buyers of specific types of assets or consignors, to comply with requests within 14 days of receipt. It also provides provisions for secured parties claiming a security interest in all collateral of a particular type owned by the debtor, as well as for recipients of requests who previously claimed an interest in the collateral or obligations. Additionally, the document specifies that debtors are entitled to one free response to a request within a 6-month period, with the possibility of additional responses for a charge not exceeding $25 each.
Whom does it apply to?
Secured parties, debtors, and recipients of requests
What does it govern?
Request for accounting; request regarding list of collateral or statement of account
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nevada