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Can you summarize NVRS 104.9520?
Uniform Commercial CodeOriginal Articles > Acceptance and refusal to accept record.
Short Summary
This legal document pertains to the filing of records in a commercial transaction under the Uniform Commercial CodeOriginal Articles in Nevada. It states that a filing office shall refuse to accept a record for filing only for reasons specified in NRS 104.9516 subsection 2. If a record is refused, the filing office must communicate the reason for refusal and the intended filing date and time to the person who presented the record. A filed financing statement remains effective even if the filing office is required to refuse it. However, if the financing statement contains incorrect information described in NRS 104.9516 subsection 2(e), NRS 104.9338 applies. Additionally, if a record provides information related to multiple debtors, this document applies to each debtor separately.
Whom does it apply to?
Filing offices and persons presenting records for filing
What does it govern?
Filing of records in a commercial transaction
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Nevada