Can you summarize NVRS 104.9306?
1.Subject
to subsection 3, the law of the issuers jurisdiction or a nominated persons
jurisdiction governs perfection, the effect of perfection or nonperfection, and
the priority of a security interest in a letter-of-credit right if the issuers
jurisdiction or nominated persons jurisdiction is a state. 2.For
purposes of this part, an issuers jurisdiction or nominated persons
jurisdiction is the jurisdiction whose law governs the liability of the issuer
or nominated person with respect to the letter-of-credit right as provided in NRS 104.
Can you summarize NVRS 104.9307?
This section of the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, governs the determination of a debtor’s location. The section provides rules for determining the location of a debtor based on their residence, place of business, or chief executive office. It also specifies that if a debtor’s location cannot be determined based on these factors, they are deemed to be located in the District of Columbia. The section further clarifies the location of registered organizations organized under the law of a state or the United States, as well as branches or agencies of banks.
Can you summarize NVRS 104.9308?
This section of the Nevada Revised Statutes governs the perfection of security interests and agricultural liens. It states that a security interest is considered perfected if it has attached and all the applicable requirements for perfection have been satisfied. Similarly, an agricultural lien is perfected if it has become effective and all the applicable requirements for perfection have been met. The section also mentions that a security interest or agricultural lien can be continuously perfected if it is initially perfected in one manner and later perfected in another manner without any intermediate period of being unperfected.
Can you summarize NVRS 104.9309?
This legal document, part of the Nevada Revised Statutes, specifically falls under the Uniform Commercial CodeOriginal Articles related to commercial instruments and transactions. It outlines the types of security interests that are considered perfected when they attach. These include purchase-money security interests in consumer goods, assignments of accounts or payment intangibles that do not transfer a significant part of the assignor’s outstanding accounts, sales of payment intangibles or promissory notes, security interests created by the assignment of health-care-insurance receivables, security interests arising under specific sections of the Nevada Revised Statutes, security interests of collecting banks or issuers/nominated persons, security interests in the purchase or delivery of financial assets, security interests in investment property created by brokers or securities intermediaries, security interests in commodity contracts or commodity accounts created by commodity intermediaries, assignments for the benefit of all creditors, and security interests created by the assignment of a beneficial interest in a decedent’s estate.
Can you summarize NVRS 104.9310?
This legal document outlines the filing requirements to perfect security interests and agricultural liens. It states that a financing statement must be filed to perfect all security interests and agricultural liens, unless specific exemptions apply. The exemptions include various scenarios where a security interest is already perfected under specific subsections of the Nevada Revised Statutes, such as when the property is subject to a statute, regulation, or treaty, when goods are in possession of a bailee, when certificated securities, documents, goods, or instruments are perfected without filing, control, or possession, and when collateral is in the secured party’s possession.
Can you summarize NVRS 104.9311?
This legal document pertains to the perfection of security interests in property that is subject to certain statutes, regulations, and treaties. It states that filing a financing statement is generally not necessary or effective to perfect a security interest in such property. Instead, compliance with the requirements of the relevant statute, regulation, or treaty is equivalent to filing a financing statement. The document specifies that a security interest in property subject to these laws can only be perfected by complying with their requirements, and such perfection remains even if there is a change in the use or possession of the collateral.
Can you summarize NVRS 104.9312?
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.
Can you summarize NVRS 104.9313?
This legal document, part of the Nevada Revised Statutes, specifically addresses the perfection of security interests without filing. It outlines the various methods by which a secured party can perfect a security interest in tangible negotiable documents, goods, instruments, money, tangible chattel paper, and certificated securities. The document specifies that possession of collateral by the secured party or delivery of certificated securities can perfect a security interest. It also provides conditions under which possession of goods covered by a certificate of title can perfect a security interest.
Can you summarize NVRS 104.9314?
This legal document, found in the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, pertains to the perfection of security interests in various types of collateral, including investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, and electronic documents. It outlines the requirements for perfecting a security interest through control of the collateral, as specified in NRS 104.7106, 104.9104, 104.9105, 104.9106, and 104.9107. The document explains that a security interest in deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents is perfected by control when the secured party obtains control and remains perfected only as long as the secured party retains control.
Can you summarize NVRS 104.9315?
This legal document, part of the Nevada Revised Statutes under the Uniform Commercial Code, governs the rights of secured parties in relation to the disposition of collateral and the proceeds derived from such disposition. It states that a security interest or agricultural lien continues in collateral even after its sale, lease, license, exchange, or other disposition, unless the secured party authorized the disposition free of the security interest or agricultural lien.