Nev. Rev. Stat. § 104.9609

Secured party’s right to take possession or dispose of collateral after default

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NRS 104.9609  Secured party’s right to take possession or dispose of collateral after default.

      1.  After default, a secured party:

      (a) May take possession of the collateral;

      (b) If a debtor so agrees, may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties; and

      (c) Without removal may render equipment unusable and dispose of collateral on a debtor’s premises under NRS 104.9610.

      2.  A secured party may proceed under subsection 1:

      (a) Pursuant to judicial process; or

      (b) Without judicial process, if it proceeds without breach of the peace.

      (Added to NRS by 1999, 349)

     

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2020–2024 · leading case: Droge v. AAAA Two Star Towing, Inc.
Droge v. AAAA Two Star Towing, Inc. (2020) nevapp · cites it 38× “: Under NRS 104.9609—part of Nevada's version of the Uniform Commercial Code (U.”
DROGE VS. AAAA TWO STAR TOWING, INC. (2020) nev · cites it 38× “: Under NRS 104.9609—part of Nevada's version of the Uniform Commercial Code (U.”
Mitchell v. Auto Mart LLC (2024) nvd · cites it 2× “Mitchell alleges that Auto Mart violated 11 NRS § 104.9609, which entitles a secured party to a self-help repossession after a default occurs, 12 provided it does so in a reasonable manner without breaching the peace; NRS 104.”
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