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Can you summarize NVRS 104.9334?
Uniform Commercial CodeOriginal Articles > Priority of security interests in fixtures and crops.
Short Summary
This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs the priority of security interests in fixtures and crops. It outlines the rules regarding the creation and continuation of security interests in goods that are fixtures, as well as the subordination of security interests to conflicting interests of encumbrancers or owners of related real property. The document specifies the conditions under which a perfected security interest in fixtures has priority over conflicting interests, such as being a purchase-money security interest, being perfected by a fixture filing, or being perfected before the conflicting interest is of record. It also addresses the priority of security interests in crops growing on real property. The document does not mention any specific exemptions or penalties.
Whom does it apply to?
Creditors, encumbrancers, owners of real property, debtors
What does it govern?
Priority of security interests in fixtures and crops
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nevada