Nevada § 104.9703 - Security interest perfected before July 1, 2001
Full text of Nevada Nevada Revised Statutes § 104.9703 — Security interest perfected before July 1, 2001, with citation guidance and answers to common questions.
§ 104.9703. Security interest perfected before July 1, 2001
1. A security interest that is enforceable immediately before July 1, 2001, and would
have priority over the rights of a person that becomes a lien creditor at that time
is a perfected security interest under this article if, when this article as amended
takes effect, the applicable requirements for enforceability and perfection under
this article as amended are satisfied without further action. 2. Except as otherwise provided in NRS 104.9705 , if, immediately before July 1, 2001, a security interest is enforceable and would
have priority over the rights of a person that becomes a lien creditor at that time,
but the applicable requirements for enforceability or perfection under this article
as amended are not satisfied on July 1, 2001, the security interest: (a) Is a perfected security interest for 1 year after July 1, 2001; (b) Remains enforceable thereafter only if the security interest becomes enforceable
under NRS 104.9203 before the year expires; and (c) Remains perfected thereafter only if the applicable requirements for perfection
under this article as amended are satisfied before the year expires.
Frequently Asked Questions About Nevada § 104.9703
What does Nevada Revised Statutes § 104.9703 cover?
Section 104.9703 ("Security interest perfected before July 1, 2001") 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 § 104.9703?
A common citation format is "Nevada Revised Statutes § 104.9703" (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 § 104.9703 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.