Nev. Rev. Stat. § 104.9325
Priority of security interests in transferred collateral
Nevada · Nevada Revised Statutes Chapter 104 — Uniform Commercial Code—Original Articles · Status: effective
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- Citation
- Nev. Rev. Stat. § 104.9325, Priority of security interests in transferred collateral, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2079635
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Full text
1. Except as otherwise provided in subsection 2, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:
(a) The debtor acquired the collateral subject to the security interest created by the other person;
(b) The security interest created by the other person was perfected when the debtor acquired the collateral; and
(c) There is no period thereafter when the security interest is unperfected.
2. Subsection 1 subordinates a security interest only if the security interest:
(a) Otherwise would have priority solely under subsection 1 of NRS 104.9322 or NRS 104.9324; or
(b) Arose solely under subsection 3 of NRS 104.2711 or subsection 5 of NRS 104A.2508.