Can you summarize NVRS 104.9326?
1.Subject to subsection 2, a security
interest that is created by a new debtor in collateral in which the new debtor
has or acquires rights and is perfected solely by a filed financing statement
that would be ineffective to perfect the security interest but for the
application of paragraph (a) of subsection 9 of NRS 104.9316 or NRS 104.9508 is subordinate to a security
interest in the same collateral which is perfected other than by such a filed
financing statement.
Can you summarize NVRS 104.9327?
The following rules
govern priority among conflicting security interests in the same deposit
account: 1.A
security interest held by a secured party having control of the deposit account
under NRS 104.9104 has priority over a
conflicting security interest held by a secured party that does not have
control. 2.Except
as otherwise provided in subsections 3 and 4, security interests perfected by
control under NRS 104.9314 rank
according to priority in time of obtaining control.
Can you summarize NVRS 104.9328?
This legal document, governed by the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, establishes rules for determining priority among conflicting security interests in the same investment property. The document outlines several scenarios and factors that determine the priority of security interests, such as control of investment property, perfection by taking delivery or control, and the type of collateral involved (e.g., securities, security entitlements, commodity contracts). It also specifies that security interests held by securities intermediaries or commodity intermediaries generally have priority over conflicting security interests held by other secured parties.
Can you summarize NVRS 104.9329?
The following rules govern priority among
conflicting security interests in the same letter-of-credit right: 1.A
security interest held by a secured party having control of the
letter-of-credit right under NRS 104.9107 has priority to the extent of its control over a conflicting security interest
held by a secured party that does not have control. 2.Security interests perfected by control
under NRS 104.9314 rank according to
priority in time of obtaining control.
Can you summarize NVRS 104.9330?
This legal document, governed by the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, addresses the priority of purchasers of chattel paper or instruments. It outlines the conditions under which a purchaser of chattel paper has priority over a security interest claimed as proceeds of inventory or claimed other than as proceeds of inventory. The purchaser must give new value, take possession of the chattel paper, obtain control of the chattel paper, and act in good faith and in the ordinary course of business.
Can you summarize NVRS 104.9331?
1.This
article does not limit the rights of a holder in due course of a negotiable
instrument, a holder to which a negotiable document of title has been duly
negotiated, or a protected purchaser of a security. These holders or purchasers
take priority over an earlier security interest, even if perfected, to the
extent provided in articles 3, 7 and 8. 2.This
article does not limit the rights of or impose liability on a person to the
extent that the person is protected against the assertion of a claim under
article 8.
Can you summarize NVRS 104.9332?
1.A
transferee of money takes the money free of a security interest unless the
transferee acts in collusion with the debtor in violating the rights of the
secured party. 2.A transferee of funds from a deposit
account takes the funds free of a security interest in the deposit account
unless the transferee acts in collusion with the debtor in violating the rights
of the secured party. (Added to NRS by 1999,
319)
Can you summarize NVRS 104.9333?
1.In this section, possessory lien
means an interest, other than a security interest or an agricultural lien: (a)Which secures payment or performance of an
obligation for services or materials furnished with respect to goods by a
person in the ordinary course of his or her business; (b)Which is created by statute or rule of law in
his or her favor; and (c)Whose effectiveness depends on his or her
possession of the goods.
Can you summarize NVRS 104.9334?
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.
Can you summarize NVRS 104.9335?
This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs the creation and continuation of security interests in accessions and collateral. It states that a security interest can be created in an accession and will continue in collateral that becomes an accession. If a security interest is perfected when the collateral becomes an accession, it remains perfected. The priority of a security interest in an accession is determined by the provisions of this part, except when a security interest in the whole is perfected by compliance with a certificate-of-title statute.