Nevada § 100.220 - Effect of securitization transaction on property, assets and rights of transferor
Full text of Nevada Nevada Revised Statutes § 100.220 — Effect of securitization transaction on property, assets and rights of transferor, with citation guidance and answers to common questions.
§ 100.220. Effect of securitization transaction on property, assets and rights of transferor
Notwithstanding any other provision of law, including, without limitation, NRS 104.9623 , to the extent set forth in the transaction documents relating to a securitization
transaction: 1. Any property, assets or rights purported to be transferred, in whole or in part,
in the securitization transaction shall be deemed to be no longer the property, assets
or rights of the transferor; 2. A transferor in the securitization transaction, its creditors or, in any insolvency
proceeding with respect to the transferor or property of the transferor, a bankruptcy
trustee, receiver, debtor, debtor in possession or similar person, to the extent that
the issue is governed by the laws of this State, has no rights, legal or equitable,
to reacquire, reclaim, recover, repudiate, disaffirm, redeem or recharacterize as
property of the transferor any property, assets or rights purported to be transferred,
in whole or in part, by the transferor; and 3. In the event of a bankruptcy, receivership or other insolvency proceeding with
respect to the transferor or property of the transferor, to the extent that the issue
is governed by the laws of this State, such property, assets and rights shall be deemed
not to be part of the property, assets, rights or estate of the transferor.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 100.220
What does Nevada Revised Statutes § 100.220 cover?
Section 100.220 ("Effect of securitization transaction on property, assets and rights of transferor") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 100.220?
A common citation format is "Nevada Revised Statutes § 100.220" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 100.220 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.