This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs the security interest that arises in the purchase or delivery of financial assets. It outlines the conditions under which a security interest in favor of a securities intermediary attaches to a person’s security entitlement when buying a financial asset through the securities intermediary. It also describes the security interest that attaches to a certificated security or other financial asset when delivered by a person under an agreement that calls for delivery against payment.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial Code, outlines the rights and duties of a secured party who has possession or control of collateral. The secured party is required to exercise reasonable care in the custody and preservation of the collateral, including taking necessary steps to preserve rights against prior parties. If the secured party has possession of the collateral, they can charge the debtor for reasonable expenses incurred in the custody, preservation, use, or operation of the collateral.

This legal document outlines the additional duties of a secured party who has control of collateral. If there is no outstanding secured obligation and the secured party is not committed to make advances or incur obligations, within 10 days of receiving an authenticated demand by the debtor, the secured party must fulfill certain obligations. These obligations include releasing the bank from any further obligation to comply with instructions originated by the secured party if the secured party has control of a deposit account, paying the debtor the balance on deposit in the account or transferring it into a deposit account in the debtor’s name, communicating the authoritative copy of electronic chattel paper to the debtor or its designated custodian, releasing the designated custodian from any further obligation to comply with instructions originated by the secured party, and enabling the debtor or its designated custodian to make copies or revisions to the authoritative copy of an electronic document without the consent of the secured party.

1.Except as otherwise provided in subsection 3, this section applies if: (a)There is no outstanding secured obligation; and (b)The secured party is not committed to make advances, incur obligations or otherwise give value. 2.Within 10 days after receiving an authenticated demand by the debtor, a secured party shall send to an account debtor that has received notification of an assignment to the secured party as assignee under subsection 1 of NRS 104.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs requests for accounting, requests regarding a list of collateral, and requests regarding a statement of account. It defines the terms ‘Request for an accounting,’ ‘Request regarding a list of collateral,’ and ‘Request regarding a statement of account.’ The document outlines the obligations of secured parties, other than buyers of specific types of assets or consignors, to comply with requests within 14 days of receipt.

This legal document, as per the Nevada Revised Statutes, governs the determination of law related to perfection and priority of security interests. It applies to creditors and debtors involved in security interests in collateral. The document outlines the rules for determining the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral. It specifies that the law of the jurisdiction where the debtor is located governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral.

While farm products are located in a jurisdiction, the law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products. (Added to NRS by 1999, 301)

This section of the Nevada Revised Statutes, under the Uniform Commercial CodeOriginal Articles, governs the perfection and priority of security interests in goods covered by a certificate of title. It applies to goods that are covered by a certificate of title, regardless of any other relationship between the jurisdiction issuing the certificate and the goods or debtor. Goods become covered by a certificate of title upon the submission of a valid application and applicable fee to the appropriate authority.

This legal document determines the law governing the perfection and priority of security interests in deposit accounts. It applies to banks and debtors with deposit accounts. The document establishes rules to determine a bank’s jurisdiction for purposes of perfection, effect, and priority of security interests in deposit accounts. The jurisdiction is determined based on agreements between the bank and the debtor, including provisions in the agreement governing the deposit account, the governing law of the agreement, the jurisdiction where the deposit account is maintained, the location of the office identified in the account statement, or the jurisdiction where the bank’s chief executive office is located.

This legal document determines the law governing the perfection and priority of security interests in investment property. It provides rules for different types of securities, including certificated securities, uncertificated securities, security entitlements, securities accounts, commodity contracts, and commodity accounts. The law of the jurisdiction where the security certificate is located governs perfection, effect of perfection or nonperfection, and priority of a security interest in a certificated security. The law of the issuer’s jurisdiction governs the same for an uncertificated security.