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Can you summarize NVRS 104.9307?
Uniform Commercial CodeOriginal Articles > Location of debtor.
Short Summary
This section of the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, governs the determination of a debtor’s location. The section provides rules for determining the location of a debtor based on their residence, place of business, or chief executive office. It also specifies that if a debtor’s location cannot be determined based on these factors, they are deemed to be located in the District of Columbia. The section further clarifies the location of registered organizations organized under the law of a state or the United States, as well as branches or agencies of banks. It also addresses the location of a person that ceases to exist, have a residence, or have a place of business. It is important to note that this section applies only for purposes of this part of the Nevada Revised Statutes.
Whom does it apply to?
Debtors
What does it govern?
Location of debtor
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nevada