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Can you summarize NVRS 104.9509?
Uniform Commercial CodeOriginal Articles > Persons entitled to file record.
Short Summary
This legal document, governed by the Uniform Commercial CodeOriginal Articles, pertains to the filing of initial financing statements, amendments adding collateral or debtors to financing statements. It specifies that a person may file such documents if the debtor authorizes the filing, the person holds an agricultural lien that has become effective, or if otherwise authorized by subsection 2 or 3. Additionally, a debtor or new debtor authorizes the filing of an initial financing statement or amendment by authenticating or becoming bound as debtor by a security agreement. An amendment other than those adding collateral or debtors may be filed if authorized by the secured party of record or if it is a termination statement for a financing statement where the secured party of record has failed to file or send a termination statement as required. Multiple secured parties of record may authorize amendments. No specific penalties are mentioned in this document.
Whom does it apply to?
Persons who file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to a financing statement
What does it govern?
Uniform Commercial CodeOriginal Articles
What are exemptions?
Persons authorized by subsection 2 or 3
What are the Penalties?
No penalties mentioned
Jurisdiction
Nevada