Nevada § 104.931401 - Perfection by possession and control of chattel paper

Full text of Nevada Nevada Revised Statutes § 104.931401 — Perfection by possession and control of chattel paper, with citation guidance and answers to common questions.

§ 104.931401. Perfection by possession and control of chattel paper

1. A secured party may perfect a security interest in chattel paper by taking possession

of each authoritative tangible copy of the record evidencing the chattel paper and

obtaining control of each authoritative electronic copy of the electronic record evidencing

the chattel paper. 2. A security interest is perfected under subsection 1 not earlier than the time the

secured party takes possession and obtains control and remains perfected under subsection

1 only while the secured party retains possession and control. 3. Subsections 3 and 6 to 9, inclusive, of NRS 104.9313 apply to perfection by possession of an authoritative tangible copy of a record evidencing

chattel paper.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 104.931401

What does Nevada Revised Statutes § 104.931401 cover?

Section 104.931401 ("Perfection by possession and control of chattel paper") 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 § 104.931401?

A common citation format is "Nevada Revised Statutes § 104.931401" (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 § 104.931401 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.