Nevada § 104.9209 - Duties of secured party if account debtor has been notified of assignment
Full text of Nevada Nevada Revised Statutes § 104.9209 — Duties of secured party if account debtor has been notified of assignment, with citation guidance and answers to common questions.
§ 104.9209. Duties of secured party if account debtor has been notified of assignment
1. Except as otherwise provided in subsection 3, this section applies if: (a) There is no outstanding secured obligation; and (b) The secured party is not committed to make advances, incur obligations or otherwise
give value. 2. Within 10 days after receiving a signed demand by the debtor, a secured party shall
send to an account debtor that has received notification under subsection 1 of NRS 104.9406 or subsection 2 of NRS 104B.12106 of an assignment to the secured party as assignee a signed record that releases the
account debtor from any further obligation to the secured party. 3. This section does not apply to an assignment constituting the sale of an account,
chattel paper or payment intangible.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.9209
What does Nevada Revised Statutes § 104.9209 cover?
Section 104.9209 ("Duties of secured party if account debtor has been notified of assignment") 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 § 104.9209?
A common citation format is "Nevada Revised Statutes § 104.9209" (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 § 104.9209 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.