Nevada Administrative Code Chapter 104 - Uniform Commercial Code
Nevada Administrative Code (NAC) – Chapter 104: Uniform Commercial Code (UCC)
Chapter 104 of the Nevada Administrative Code (NAC) corresponds to the Uniform Commercial Code (UCC) as adopted in Nevada law. However, NAC Chapter 104 is largely reserved and contains minimal administrative regulations, as the Uniform Commercial Code itself is codified primarily in the Nevada Revised Statutes (NRS Chapter 104).
🔹 Overview:
NRS Chapter 104 codifies the Uniform Commercial Code in Nevada, covering commercial transactions including:
Sales of goods
Leases
Negotiable instruments
Bank deposits and collections
Funds transfers
Letters of credit
Documents of title
Investment securities
Secured transactions
NAC Chapter 104 exists but is typically empty or only provides minimal administrative provisions, because:
Most UCC provisions are statutory (found in NRS).
The UCC is primarily self-executing and used by courts, attorneys, and businesses directly from statute.
🔹 Where to Find the Actual Rules:
For substantive rules related to the UCC in Nevada, refer to:
Nevada Revised Statutes Chapter 104
Article 1: General Provisions
Article 2: Sales
Article 2A: Leases
Article 3: Negotiable Instruments
Article 4: Bank Deposits and Collections
Article 4A: Funds Transfers
Article 5: Letters of Credit
Article 7: Documents of Title
Article 8: Investment Securities
Article 9: Secured Transactions
🔹 Practical Use:
Businesses, lenders, and legal professionals in Nevada use UCC filings (especially under Article 9 on secured transactions) with the Secretary of State for:
Filing financing statements (UCC-1, UCC-3)
Perfecting security interests
Searching UCC records
🔹 Conclusion:
While NAC Chapter 104 has little or no active administrative content, it references a major body of commercial law in NRS Chapter 104. For any legal or procedural specifics, particularly regarding filing or compliance, consult NRS 104 and the Nevada Secretary of State’s UCC Filing Office.
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