NRS 104.9332: Effect of transfer of money; effect of transfer of funds from deposit account.
Where this section sits in the code
- TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
- CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES
- SECURED TRANSACTIONS
- Perfection and Priority
1. A transferee of money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.
2. A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.
Collected 2026-09-03T05:51:31Z. Source file · JSON