Nevada § 104.9335 - Accessions

§ 104.9335. Accessions

1. A security interest may be created in an accession and continues in collateral

that becomes an accession. 2. If a security interest is perfected when the collateral becomes an accession, the

security interest remains perfected in the collateral. 3. Except as otherwise provided in subsection 4, the other provisions of this part

determine the priority of a security interest in an accession. 4. A security interest in an accession is subordinate to a security interest in the

whole which is perfected by compliance with the requirements of a certificate-of-title

statute under subsection 2 of NRS 104.9311 . 5. After default, subject to part 6, a secured party may remove an accession from

other goods if the security interest in the accession has priority over the claims

of every person having an interest in the whole. 6. A secured party that removes an accession from other goods under subsection 5 shall

promptly reimburse any holder of a security interest or other lien on, or owner of,

the whole or of the other goods, other than the debtor, for the cost of repair of

any physical injury to the whole or the other goods. The secured party need not reimburse the holder or owner for any diminution in value

of the whole or the other goods caused by the absence of the accession removed or

by any necessity for replacing it. A person entitled to reimbursement may refuse permission to remove until the secured

party gives adequate assurance for the performance of the obligation to reimburse.