{"data":{"id":"us-nv/nrs-104.9205","jurisdiction":"us-nv","citation":"NRS 104.9205","heading":"Use or disposition of collateral permissible.","body":"1. A security interest is not invalid or fraudulent against creditors solely because:\n(a) The debtor has the right or ability to:\n(1) Use, commingle or dispose of all or part of the collateral, including returned or repossessed goods;\n(2) Collect, compromise, enforce or otherwise deal with collateral;\n(3) Accept the return of collateral or make repossessions; or\n(4) Use, commingle or dispose of proceeds; or\n(b) The secured party fails to require the debtor to account for proceeds or replace collateral.\n2. 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.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES","SECURED TRANSACTIONS","Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec9205","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"4d96c220e693d09bf40425947b3eef83f65cca27e219f88af63a11a444089bb1","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-104.9204","next":"us-nv/nrs-104.9206"},"notice":"GroundRules: Original legal text. Not legal advice."}