Nevada § 104.9617 - Effect of disposition of collateral by secured party after default; rights of transferee regarding collateral
Full text of Nevada Nevada Revised Statutes § 104.9617 — Effect of disposition of collateral by secured party after default; rights of transferee regarding collateral, with citation guidance and answers to common questions.
§ 104.9617. Effect of disposition of collateral by secured party after default; rights of transferee regarding collateral
1. A secured party's disposition of collateral after default: (a) Transfers to a transferee for value all of the debtor's rights in the collateral; (b) Discharges the security interest under which the disposition is made; and (c) Discharges any subordinate security interest or other subordinate lien. 2. A transferee that acts in good faith takes free of the rights and interests described
in subsection 1, even if the secured party fails to comply with this article or the
requirements of any judicial proceeding. 3. If a transferee does not take free of the rights and interests described in subsection
1, the transferee takes the collateral subject to: (a) The debtor's rights in the collateral; (b) The security interest or agricultural lien under which the disposition is made;
and (c) Any other security interest or other lien.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.9617
What does Nevada Revised Statutes § 104.9617 cover?
Section 104.9617 ("Effect of disposition of collateral by secured party after default; rights of transferee regarding collateral") 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 § 104.9617?
A common citation format is "Nevada Revised Statutes § 104.9617" (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 § 104.9617 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.