Nevada § 104.8109 - Warranties in indirect holding
Full text of Nevada Nevada Revised Statutes § 104.8109 — Warranties in indirect holding, with citation guidance and answers to common questions.
§ 104.8109. Warranties in indirect holding
1. A person who originates an entitlement order to a securities intermediary warrants
to the securities intermediary that: (a) The entitlement order is made by an appropriate person, or if the entitlement
order is by an agent, the agent has actual authority to act on behalf of the appropriate
person; and (b) There is no adverse claim to the security entitlement. 2. A person who delivers a security certificate to a securities intermediary for credit
to a securities account or originates an instruction with respect to an uncertificated
security directing that the uncertificated security be credited to a securities account
makes to the securities intermediary the warranties specified in subsection 1 or 2
of NRS 104.8108 . 3. If a securities intermediary delivers a security certificate to its entitlement
holder or causes its entitlement holder to be registered as the owner of an uncertificated
security, the securities intermediary makes to the entitlement holder the warranties
specified in subsection 1 or 2 of NRS 104.8108 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.8109
What does Nevada Revised Statutes § 104.8109 cover?
Section 104.8109 ("Warranties in indirect holding") 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 § 104.8109?
A common citation format is "Nevada Revised Statutes § 104.8109" (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 § 104.8109 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.