Nev. Rev. Stat. § 104C.306

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 104C.306 - Priority of claims when priority rules of Article 9 do not apply
1. Subject to subsections 2 and 3, Article 12 determines the priority of conflicting claims to Article 12 property when the priority rules of Article 9, as amended by chapter 505, Statutes of Nevada 2023, do not apply.
2. Subject to subsection 3, when the priority rules of Article 9, as amended by chapter 505, Statutes of Nevada 2023, do not apply and the priorities of claims to Article 12 property were established before October 1, 2023, law other than Article 12 determines priority.
3. When the priority rules of Article 9, as amended by chapter 505, Statutes of Nevada 2023, do not apply, to the extent the priorities determined by chapter 505, Statutes of Nevada 2023, modify the priorities established before October 1, 2023, the priorities of claims to Article 12 property established before October 1, 2023, cease to apply on July 1, 2025.

NRS 104C.306

Added to NRS by 2023, 3175
Added by 2023, Ch. 505,§24, eff. 10/1/2023.