NRS 104.9613
Contents and form of notification before disposition of collateral: General.

Except in a consumer-goods transaction, the following rules apply:

1.

The contents of a notification of disposition are sufficient if the notification:

(a)

Describes the debtor and the secured party;

(b)

Describes the collateral that is the subject of the intended disposition;

(c)

States the method of intended disposition;

(d)

States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and

(e)

States the time and place of a public disposition or the time after which any other disposition is to be made.

2.

Whether the contents of a notification that lacks any of the information specified in subsection 1 are nevertheless sufficient is a question of fact.

3.

The contents of a notification providing substantially the information specified in subsection 1 are sufficient, even if the notification includes:

(a)

Information not specified by that subsection; or

(b)

Minor errors that are not seriously misleading.

4.

A particular phrasing of the notification is not required.

5.

The following form of notification and the form appearing in subsection 3 of NRS 104.9614, when completed, each provides sufficient information:
[Text not available]
NOTIFICATION OF DISPOSITION OF COLLATERAL
To: [Name of debtor, obligor, or other person to which the notification is sent]
From: [Name, address, and telephone number of secured party]
Name of Debtor(s): [Include only if debtor(s) are not an addressee]
[Text not available]
[For a public disposition:]
We will sell [or lease or license, as applicable] the [describe collateral] [to the highest qualified bidder] in public as follows:
[Text not available]
Day and Date: ...............................................
Time: ...............................................
Place: ...............................................
[Text not available]
[For a private disposition:]
We will sell [or lease or license, as applicable] the [describe collateral] privately sometime after [day and date].
[Text not available]
You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell [or lease or license, as applicable] [for a charge of $..........]. You may request an accounting by calling us at [telephone number].
[Text not available]

Source: Section 104.9613 — Contents and form of notification before disposition of collateral: General., https://www.­leg.­state.­nv.­us/NRS/NRS-104.­html#NRS104Sec9613.

104.9601
Rights after default 104.9602
Waiver and variance of rights and duties of debtor and obligor. 104.9603
Agreement on standards concerning rights and duties of parties. 104.9604
Procedure if security agreement covers real property or fixtures. 104.9605
Duty to unknown debtor or secondary obligor. 104.9606
Time of default for agricultural lien. 104.9607
Collection and enforcement by secured party. 104.9608
Application of proceeds of collection or enforcement 104.9609
Secured party’s right to take possession or dispose of collateral after default. 104.9610
Disposition of collateral after default. 104.9611
Notification before disposition of collateral. 104.9612
Timeliness of notification before disposition of collateral. 104.9613
Contents and form of notification before disposition of collateral: General. 104.9614
Contents and form of notification before disposition of collateral: Consumer-goods transaction. 104.9615
Application of proceeds of disposition 104.9616
Explanation of calculation of surplus or deficiency. 104.9617
Effect of disposition of collateral by secured party after default 104.9618
Rights and duties of certain secondary obligors. 104.9619
Transfer of record or legal title. 104.9620
Acceptance of collateral in full or partial satisfaction of obligation 104.9621
Notification of proposal to accept collateral in satisfaction of obligation. 104.9622
Effect of acceptance of collateral in satisfaction of obligation. 104.9623
Redemption of collateral. 104.9624
Waiver of right to notification of disposition of collateral 104.9625
Remedies for secured party’s failure to comply with article. 104.9626
Action in which deficiency or surplus is in issue. 104.9627
Determination of whether conduct was commercially reasonable. 104.9628
Nonliability and limitation on liability of secured party
Last Updated

Feb. 5, 2021

§ 104.9613’s source at nv​.us