2. This section does not relax the requirements of possession if attachment, perfection or enforcement of a security interest depends upon possession of the collateral by the secured party.
NRS 104.9205
Use or disposition of collateral permissible
Known as the Uniform Commercial Code
The act spans §§ 104–104 (489 sections).
(Added to NRS by 1999, 297)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.