Nevada § 112.200 - Time at which transfer or obligation deemed made or incurred

§ 112.200. Time at which transfer or obligation deemed made or incurred

For the purposes of this chapter: 1. A transfer is made: (a) With respect to an asset that is real property other than a fixture, but including

the interest of a seller or purchaser under a contract for the sale of the asset,

when the transfer is so far perfected that a good faith purchaser of the asset from

the debtor against whom applicable law permits the transfer to be perfected cannot

acquire an interest in the asset that is superior to the interest of the transferee;

and (b) With respect to an asset that is not real property or that is a fixture, when

the transfer is so far perfected that a creditor on a simple contract cannot acquire

a judicial lien otherwise than under this chapter that is superior to the interest

of the transferee. 2. If applicable law permits the transfer to be perfected as provided in subsection

1 and the transfer is not so perfected before the commencement of an action for relief

under this chapter, the transfer is deemed made immediately before the commencement

of the action. 3. If applicable law does not permit the transfer to be perfected as provided in subsection

1, the transfer is made when it becomes effective between the debtor and the transferee. 4. A transfer is not made until the debtor has acquired rights in the asset transferred. 5. An obligation is incurred: (a) If oral, when it becomes effective between the parties; or (b) If evidenced by a writing, when the writing executed by the obligor is delivered

to or for the benefit of the obligee.