Nevada § 100.230 - Restrictions on construction and interpretation of Asset-Backed Securities Facilitation Act
Full text of Nevada Nevada Revised Statutes § 100.230 — Restrictions on construction and interpretation of Asset-Backed Securities Facilitation Act, with citation guidance and answers to common questions.
§ 100.230. Restrictions on construction and interpretation of Asset-Backed Securities Facilitation Act
The provisions of NRS 100.200 to 100.230 , inclusive, must not be construed or interpreted to: 1. Require any securitization transaction to be treated as a sale for federal or state
tax purposes or to preclude the treatment of any securitization transaction as debt
for federal or state tax purposes; 2. Alter or amend any applicable laws relating to the perfection and priority of security
ownership interests of persons other than the transferor, hypothetical lien creditor
or, in the event of a bankruptcy, receivership or other insolvency proceeding with
respect to the transferor or property of the transferor, a bankruptcy trustee, receiver,
debtor, debtor in possession or similar person; or 3. Alter or amend the tax treatment of securitization transactions that take place
pursuant to NRS 100.200 to 100.230 , inclusive.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 100.230
What does Nevada Revised Statutes § 100.230 cover?
Section 100.230 ("Restrictions on construction and interpretation of Asset-Backed Securities Facilitation Act") 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 § 100.230?
A common citation format is "Nevada Revised Statutes § 100.230" (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 § 100.230 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.