Nevada § 104.2505 - Seller's shipment under reservation
Full text of Nevada Nevada Revised Statutes § 104.2505 — Seller's shipment under reservation, with citation guidance and answers to common questions.
§ 104.2505. Seller's shipment under reservation
1. Where the seller has identified goods to the contract by or before shipment: (a) The seller’s procurement of a negotiable bill of lading to his or her own order
or otherwise reserves in him or her a security interest in the goods. The seller’s procurement of the bill to the order of a financing agency or of the
buyer indicates in addition only the seller's expectation of transferring that interest
to the person named. (b) A nonnegotiable bill of lading to himself or herself or his or her nominee reserves
possession of the goods as security but except in a case of conditional delivery (subsection
2 of NRS 104.2507 ) a nonnegotiable bill of lading naming the buyer as consignee reserves no security
interest even though the seller retains possession or control of the bill of lading. 2. When shipment by the seller with reservation of a security interest is in violation
of the contract for sale it constitutes an improper contract for transportation within
the preceding section but impairs neither the rights given to the buyer by shipment
and identification of the goods to the contract nor the seller's powers as a holder
of a negotiable document of title.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.2505
What does Nevada Revised Statutes § 104.2505 cover?
Section 104.2505 ("Seller's shipment under reservation") 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 § 104.2505?
A common citation format is "Nevada Revised Statutes § 104.2505" (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 § 104.2505 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.