This legal provision, as amended, applies to transactions or liens within the scope of the Uniform Commercial CodeOriginal Articles, regardless of whether they were entered into or created before the amendments take effect. Transactions and liens that were not governed by this article before July 1, 2001, but were validly entered into or created before that date, remain valid and may be terminated, completed, consummated, or enforced as required or permitted by this article or by the law that would apply if this article had not taken effect.

This legal document, part of the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, pertains to security interests that were perfected before July 1, 2001. It states that a security interest that was enforceable immediately before that date and would have priority over the rights of a person becoming a lien creditor at that time is considered a perfected security interest under this article. The document also outlines the conditions under which a security interest remains enforceable and perfected after July 1, 2001.

A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time: 1.Remains an enforceable security interest for 1 year after July 1, 2001; 2.Remains enforceable thereafter if the security interest becomes enforceable under NRS 104.9203 when this article as amended takes effect or within 1 year thereafter; and 3.Becomes perfected: (a)Without further action, on July 1, 2001, if the applicable requirements for perfection under this article as amended are satisfied before or at that time; or (b)When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

This legal document, part of the Nevada Revised Statutes, governs commercial instruments and transactions under the Uniform Commercial CodeOriginal Articles. It specifies the effectiveness of actions taken before July 1, 2001, in relation to security interests and financing statements. The document states that actions taken before this date can still result in priority of a security interest over the rights of a person becoming a lien creditor, and such security interests become unperfected after one year unless they become perfected under the amended article.

This legal provision, found in the Nevada Revised Statutes under the Uniform Commercial CodeOriginal Articles, addresses the continuation of effectiveness of financing statements filed before July 1, 2001. It states that the filing of an initial financing statement in the specified office will continue the effectiveness of a financing statement filed before July 1, 2001, under certain conditions. These conditions include the filing of an initial financing statement being effective to perfect a security interest, the pre-effective-date financing statement being filed in another state or office in Nevada, and the initial financing statement satisfying specific requirements.

A person may file an initial financing statement or a continuation statement under NRS 104.9702 to 104.9709 , inclusive, if: 1.The secured party of record authorizes the filing; and 2.The filing is necessary under those sections: (a)To continue the effectiveness of a financing statement filed before July 1, 2001; or (b)To perfect or continue the perfection of a security interest. (Added to NRS by 1999, 364)

NRS 104.9101 to 104.9709 , inclusive, determine the priority of conflicting claims to collateral. However, if the relative priorities of the parties were fixed before July 1, 2001, the provisions of article 9 which were in effect before July 1, 2001, determine priority. 2.For purposes of subsection 1 of NRS 104.9322 , the priority of a security interest that becomes enforceable under NRS 104.9203 dates from July 1, 2001, if the security interest is perfected under this article as amended by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under the provisions of article 9 which were in effect before that date.

This section pertains to the effectiveness, amendment, and termination of financing statements filed before July 1, 2001. It defines a ‘pre-effective-date financing statement’ as a financing statement filed before that date. The section allows individuals or entities to add or delete collateral, continue or terminate the effectiveness, or amend the information provided in a pre-effective-date financing statement according to the law of the jurisdiction governing perfection. The effectiveness of a pre-effective-date financing statement can also be terminated in accordance with the law of the jurisdiction where it is filed.

1.Except as otherwise provided in NRS 104.9710 to 104.9717 , inclusive, this article as amended applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013. 2.This article as amended does not affect an action, case or proceeding commenced before July 1, 2013. (Added to NRS by 2011, 605)

1.A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under this article if, when this article as amended takes effect, the applicable requirements for attachment and perfection under this article as amended are satisfied without further action. 2.Except as otherwise provided in NRS 104.9713 , if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under this article as amended are not satisfied on July 1, 2013, the security interest remains perfected thereafter only if the applicable requirements for perfection under this article as amended are satisfied within 1 year after July 1, 2013.