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Can you summarize NVRS 104.9312?
Uniform Commercial CodeOriginal Articles > Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.
Short Summary
This legal document, governed by the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, addresses the perfection of security interests in various types of assets. It outlines the methods of perfection for chattel paper, negotiable documents, instruments, investment property, letter-of-credit rights, and money. Perfection can be achieved through filing, control, possession, or other specified means. The document also provides rules for the priority of security interests and temporary perfection without filing or transfer of possession. It applies to creditors and secured parties involved in transactions related to the mentioned assets. No exemptions or penalties are mentioned in this document.
Whom does it apply to?
Creditors and secured parties
What does it govern?
Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nevada