NRS 104.9611
Notification before disposition of collateral.
1.
In this section, “notification date” means the earlier of the date on which:(a)
A secured party sends to the debtor and any secondary obligor an authenticated notification of disposition; or(b)
The debtor and any secondary obligor waive the right to notification.2.
Except as otherwise provided in subsection 4, a secured party that disposes of collateral under NRS 104.9610 shall send to the persons specified in subsection 3 a reasonable authenticated notification of disposition.3.
To comply with subsection 2, the secured party shall send an authenticated notification of disposition to:(a)
The debtor;(b)
Any secondary obligor; and(c)
If the collateral is other than consumer goods:(1)
Any other person from which the secured party has received, before the notification date, an authenticated notification of a claim of an interest in the collateral;(2)
Any other secured party or lienholder that, 10 days before the notification date, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:(3)
Any other secured party that, 10 days before the notification date, held a security interest in the collateral perfected by compliance with a statute, regulation or treaty described in subsection 1 of NRS 104.9311.4.
Subsection 2 does not apply if the collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market.5.
A secured party complies with the requirement for notification prescribed by subparagraph (2) of paragraph (c) of subsection 3 if:(a)
Not later than 20 days or earlier than 30 days before the notification date, the secured party requests, in a commercially reasonable manner, information concerning financing statements indexed under the debtor’s name in the office indicated in that subparagraph; and(b)
Before the notification date, the secured party:(1)
Did not receive a response to the request for information; or(2)
Received a response to the request for information and sent an authenticated notification of disposition to each secured party named in that response whose financing statement covered the collateral.
Source:
Section 104.9611 — Notification before disposition of collateral., https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec9611
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