This legal document, found in the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, addresses the effect of errors or omissions in financing statements. It states that a financing statement that substantially satisfies the requirements of this part is effective, even if it has minor errors or omissions, unless they make the financing statement seriously misleading. However, if a financing statement fails to provide the name of the debtor in accordance with the specified subsection, it is considered seriously misleading.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, addresses the effect of certain events on the effectiveness of a filed financing statement. It states that a financing statement remains effective even if the collateral is sold, exchanged, leased, licensed, or otherwise disposed of, as long as a security interest or agricultural lien continues. Additionally, the financing statement is not rendered ineffective if the information provided in it becomes seriously misleading, unless otherwise provided by NRS 104.

This legal document, part of the Nevada Revised Statutes, specifically addresses the effectiveness of a financing statement when a new debtor becomes bound by a security agreement. According to the document, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral even if a new debtor has or acquires rights to the collateral. However, if the difference between the names of the original debtor and the new debtor causes the financing statement to be seriously misleading, certain conditions apply.

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.

1.Subject to subsection 3, a filed record is effective only to the extent that it was filed by a person that may file it under NRS 104.9509 . 2.A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record. 3.If a person may file a termination statement only under paragraph (b) of subsection 3 of NRS 104.9509 , the filed termination statement is effective only if the debtor authorizes the filing and the termination statement indicates that the debtor authorized it to be filed.

1.A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under subsection 1 of NRS 104.9514 , the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.

This legal document governs the process of amending a financing statement. It allows a person to add or delete collateral, continue or terminate the effectiveness, or otherwise amend the information provided in a financing statement. The amendment must identify the initial financing statement by its file number and provide the date of filing or recording, along with the specified information. The filing of an amendment does not extend the period of effectiveness of the financing statement, except as otherwise provided.

This legal document, governed by the Uniform Commercial CodeOriginal Articles, outlines the requirements for filing a termination statement for a financing statement. It applies to secured parties, debtors, and filing offices involved in commercial transactions. The document specifies that a termination statement must be filed if there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation, or otherwise give value.

This legal document pertains to the assignment of certain powers of a secured party of record. It outlines the process by which an initial financing statement can reflect an assignment of the secured party’s power to authorize an amendment to the financing statement. Additionally, it allows a secured party of record to assign all or part of its power to authorize an amendment by filing an amendment of the financing statement.

This legal document, part of the Nevada Revised Statutes, specifically addresses the duration and effectiveness of financing statements. A filed financing statement is generally effective for a period of 5 years after the date of filing. However, there are exceptions for initial financing statements filed in connection with public-finance transactions or manufactured-home transactions, which remain effective for 30 years if indicated as such. The effectiveness of a financing statement lapses upon expiration unless a continuation statement is filed.