“Secured obligation” means an obligation the payment or performance of which is secured by a security agreement.
NRS 32.200
“Secured obligation” defined
Known as the Uniform Commercial Real Estate Receivership Act
The act spans §§ 32–32 (53 sections).
(Added to NRS by 2017, 1223)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.