Nevada § 104.9317 - Interests that take priority over or take free of unperfected security interest or agricultural lien

§ 104.9317. Interests that take priority over or take free of unperfected security interest or agricultural lien

1. A security interest or agricultural lien is subordinate to the rights of: (a) A person entitled to priority under NRS 104.9322 ; and (b) A person that becomes a lien creditor before the earlier of the time: (1) The security interest or agricultural lien is perfected; or (2) One of the conditions specified in paragraph (c) of subsection 2 of NRS 104.9203 is met and a financing statement covering the collateral is filed. 2. Except as otherwise provided in subsection 5, a buyer, other than a secured party,

of tangible documents, goods, instruments, or a certificated security takes free of

a security interest or agricultural lien if the buyer gives value and receives delivery

of the collateral without knowledge of the security interest or agricultural lien

and before it is perfected. 3. Except as otherwise provided in subsection 5, a lessee of goods takes free of a

security interest or agricultural lien if the lessee gives value and receives delivery

of the collateral without knowledge of the security interest or agricultural lien

and before it is perfected. 4. Subject to subsections 6 to 9, inclusive, a licensee of a general intangible or

a buyer, other than a secured party, of collateral other than tangible documents,

goods, instruments or a certificated security takes free of a security interest if

the licensee or buyer gives value without knowledge of the security interest and before

it is perfected. 5. Except as otherwise provided in NRS 104.9320 and 104.9321 , if a person files a financing statement with respect to a purchase-money security

interest before or within 20 days after the debtor receives delivery of the collateral,

the security interest takes priority over the rights of a buyer, lessee or lien creditor

which arise between the time the security interest attaches and the time of filing. 6. A buyer, other than a secured party, of chattel paper takes free of a security

interest if, without knowledge of the security interest and before it is perfected,

the buyer gives value and: (a) Receives delivery of each authoritative tangible copy of the record evidencing

the chattel paper; and (b) If each authoritative electronic copy of the record evidencing the chattel paper

can be subjected to control under NRS 104.9105 , obtains control of each authoritative electronic copy. 7. A buyer of an electronic document takes free of a security interest if, without

knowledge of the security interest and before it is perfected, the buyer gives value

and, if each authoritative electronic copy of the document can be subjected to control

under NRS 104.7106 , obtains control of each authoritative electronic copy. 8. A buyer of a controllable electronic record takes free of a security interest if,

without knowledge of the security interest and before it is perfected, the buyer gives

value and obtains control of the controllable electronic record. 9. A buyer, other than a secured party, of a controllable account or a controllable

payment intangible takes free of a security interest if, without knowledge of the

security interest and before it is perfected, the buyer gives value and obtains control

of the controllable account or controllable payment intangible.