This legal document pertains to the filing-office rules for the Uniform Commercial CodeOriginal Articles under the Nevada Revised Statutes. The Secretary of State is responsible for adopting and publishing rules to effectuate this article. The filing-office rules must be consistent with this article and adopted in accordance with the provisions of chapter 233B of NRS. The Secretary of State is required to consult with filing offices in other jurisdictions that enact substantially this part, consult the most recent version of the Model Rules promulgated by the International Association of Commercial Administrators or any successor organization, and take into consideration the rules, practices, and technology used by filing offices in other jurisdictions.

The Secretary of State shall report biennially on or before the first Monday of February in each odd-numbered year to the Governor and Legislature on the operation of the filing office. The report must contain a statement of the extent to which: 1.The filing-office rules are not in harmony with the rules of filing offices in other jurisdictions that enact substantially this part and the reasons for these variations; and 2.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs the rights and enforcement procedures after default in relation to secured parties, debtors, and obligors. It grants secured parties the rights to reduce a claim to judgment, foreclose, or enforce the claim through judicial procedures. If the collateral is in the form of documents, the secured party may proceed either with the documents or the goods they cover.

This legal document pertains to the waiver and variance of rights and duties of debtors and obligors. It specifies that, except as otherwise provided in NRS 104.9624, debtors or obligors may not waive or vary certain rules that give them rights and impose duties on secured parties. The listed sections that cannot be waived or varied include provisions related to the use and operation of collateral by the secured party, requests for accounting and information about collateral, collection and enforcement of collateral, application or payment of noncash proceeds of collection or disposition, accounting for or payment of surplus proceeds of collateral, duty to take possession of collateral without breach of the peace, disposition of collateral, calculation of deficiency or surplus, explanation of surplus or deficiency calculation, acceptance of collateral in satisfaction of obligation, redemption of collateral, permissible waivers, and secured party’s liability for failure to comply with this article.

1.The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in NRS 104.9602 if the standards are not manifestly unreasonable. 2.Subsection 1 does not apply to the duty under NRS 104.9609 to refrain from breaching the peace. (Added to NRS by 1999, 346)

This legal document outlines the procedure to be followed when a security agreement covers both personal and real property, or when it covers goods that are or become fixtures. In the case of a security agreement covering both personal and real property, a secured party may proceed under this part as to the personal property without prejudicing any rights with respect to the real property. Alternatively, the secured party may proceed as to both the personal property and the real property in accordance with the rights with respect to the real property, in which case the other provisions of this part do not apply.

A secured party does not owe a duty based on its status as secured party: 1.To a person that is a debtor or obligor, unless the secured party knows: (a)That he or she is a debtor or obligor; (b)His or her identity; and (c)How to communicate with him or her; or 2.To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows: (a)That the person is a debtor; and (b)His or her identity.

For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created. (Added to NRS by 1999, 347)

This section of the Nevada Revised Statutes, specifically under the Uniform Commercial CodeOriginal Articles, governs the collection and enforcement actions that a secured party can take. It outlines the rights and actions available to a secured party, such as notifying an account debtor or other obligated person to make payment or perform obligations for the benefit of the secured party. The secured party can also enforce the obligations of the account debtor or other obligated person and exercise the debtor’s rights with respect to the obligation and any collateral securing it.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, governs the application of proceeds of collection or enforcement, liability for deficiency, and the right to surplus in cases where a security interest or agricultural lien secures payment or performance of an obligation. The document outlines the order in which cash proceeds should be applied, including reasonable expenses of collection and enforcement, satisfaction of obligations secured by the security interest or agricultural lien, and satisfaction of obligations secured by any subordinate security interest or other lien on the collateral.