Nevada § 104.9205 - Use or disposition of collateral permissible
Full text of Nevada Nevada Revised Statutes § 104.9205 — Use or disposition of collateral permissible, with citation guidance and answers to common questions.
§ 104.9205. Use or disposition of collateral permissible
1. A security interest is not invalid or fraudulent against creditors solely because: (a) The debtor has the right or ability to: (1) Use, commingle or dispose of all or part of the collateral, including returned
or repossessed goods; (2) Collect, compromise, enforce or otherwise deal with collateral; (3) Accept the return of collateral or make repossessions; or (4) Use, commingle or dispose of proceeds; or (b) The secured party fails to require the debtor to account for proceeds or replace
collateral. 2. This section does not relax the requirements of possession if attachment, perfection
or enforcement of a security interest depends upon possession of the collateral by
the secured party.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.9205
What does Nevada Revised Statutes § 104.9205 cover?
Section 104.9205 ("Use or disposition of collateral permissible") 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 § 104.9205?
A common citation format is "Nevada Revised Statutes § 104.9205" (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 § 104.9205 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.