7. Perfection of a security interest in a commodity account also perfects a security interest in the commodity contracts carried in the commodity account.
NRS 104.9308
When security interest or agricultural lien is perfected; continuity of perfection
Known as the Uniform Commercial Code
The act spans §§ 104–104 (489 sections).
Applied in 1 court decision — leading case Federal Deposit Insurance v. Kipperman (In Re Commercial Money Center, Inc.) (2008)
Most recently applied in Federal Deposit Insurance v. Kipperman (In Re Commercial Money Center, Inc.) (August 2008)
(Added to NRS by 1999, 304)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.