Nev. Rev. Stat. § 104.9332

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 104.9332 - Effect of transfer of money; effect of transfer of funds from deposit account
1. A transferee of money takes the money free of a security interest if the transferee receives possession of the money without acting 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 if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.

NRS 104.9332

Added to NRS by 1999, 319
Amended by 2023, Ch. 505,§71, eff. 10/1/2023.
Added to NRS by 1999, 319