Nev. Rev. Stat. § 104.9331

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 104.9331 - Priority of rights of purchasers of instruments, documents and securities under other articles; priority of interests in financial assets and security entitlements under article 8
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, a protected purchaser of a security or a qualifying purchaser of a controllable account, controllable electronic record or controllable payment intangible. These holders or purchasers take priority over an earlier security interest, even if perfected, to the extent provided in articles 3, 7 , 8 and 12.
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 or 12.
3. Filing under this article does not constitute notice of a claim or defense to the holders, purchasers, or persons described in subsections 1 and 2.

NRS 104.9331

Added to NRS by 1999, 319; A 2001, 723
Amended by 2023, Ch. 505,§70, eff. 10/1/2023.
Added to NRS by 1999, 319; A 2001, 723