Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS |
CHAPTER104. Uniform Commercial Code—Original Articles |
ARTICLE9. SECURED TRANSACTIONS |
PART4. Rights of Third Parties |
NRS104.9402. Secured party not obligated in contract of debtor or in tort.
Latest version.
- The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not impose upon a secured party liability in contract or tort for the debtor’s acts or omissions.
(Added to NRS by 1999, 323)