{"data":{"id":"us-nv/nrs-104.9623","jurisdiction":"us-nv","citation":"NRS 104.9623","heading":"Redemption of collateral.","body":"1. A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.\n2. To redeem collateral, a person must tender:\n(a) Fulfillment of all obligations secured by the collateral; and\n(b) The reasonable expenses and attorney’s fees described in paragraph (a) of subsection 1 of NRS 104.9615.\n3. A redemption may occur at any time before a secured party:\n(a) Has collected collateral under NRS 104.9607;\n(b) Has disposed of collateral or entered into a contract for its disposition under NRS 104.9610; or\n(c) Has accepted collateral in full or partial satisfaction of the obligation it secures under NRS 104.9622.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES","SECURED TRANSACTIONS","Default"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec9623","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"d2c5d346d4c0d4b644325917f26898d49097b09f7d1c1d1c08cad942c95f2808","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-104.9622","next":"us-nv/nrs-104.9624"},"notice":"GroundRules: Original legal text. Not legal advice."}