{"data":{"id":"us-nv/nrs-104.9323","jurisdiction":"us-nv","citation":"NRS 104.9323","heading":"Future advances.","body":"1. Except as otherwise provided in subsection 3, for purposes of determining the priority of a perfected security interest under subsection 1 of NRS 104.9322, perfection of the security interest dates from the time an advance is made to the extent that the security interest secures an advance that:\n(a) Is made while the security interest is perfected only:\n(1) Under NRS 104.9309 when it attaches; or\n(2) Temporarily under subsection 5, 6 or 7 of NRS 104.9312; and\n(b) Is not made pursuant to a commitment entered into before or while the security interest is perfected by a method other than under NRS 104.9309 or subsection 5, 6 or 7 of NRS 104.9312.\n2. Except as otherwise provided in subsection 3, a security interest is subordinate to the rights of a person that becomes a lien creditor to the extent that the security interest secures an advance made more than 45 days after he or she becomes a lien creditor unless the advance is made:\n(a) Without knowledge of the lien; or\n(b) Pursuant to a commitment entered into without knowledge of the lien.\n3. Subsections 1 and 2 do not apply to a security interest held by a secured party that is a buyer of accounts, chattel paper, payment intangibles, or promissory notes or a consignor.\n4. Except as otherwise provided in subsection 5, a buyer of goods takes free of a security interest to the extent that it secures advances made after the earlier of:\n(a) The time the secured party acquires knowledge of the buyer’s purchase; or\n(b) Forty-five days after the purchase.\n5. Subsection 4 does not apply if the advance is made pursuant to a commitment entered into without knowledge of the buyer’s purchase and before the expiration of the 45-day period.\n6. Except as otherwise provided in subsection 7, a lessee of goods takes the leasehold free of a security interest to the extent that it secures advances made after the earlier of:\n(a) The time the secured party acquires knowledge of the lease; or\n(b) Forty-five days after the lease contract becomes enforceable.\n7. Subsection 6 does not apply if the advance is made pursuant to a commitment entered into without knowledge of the lease and before the expiration of the 45-day period.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES","SECURED TRANSACTIONS","Perfection and Priority"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec9323","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"80cac5f379fd58a8cf608aa6bc73367eb14ad491036073f531a2f37be7962946","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-104.9322","next":"us-nv/nrs-104.9324"},"notice":"GroundRules: Original legal text. Not legal advice."}
