104.9332 - Effect of transfer of money; effect of transfer of funds from deposit account.
104.9332 Effect of transfer of money; effect of transfer of funds from deposit account.
1. A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
2. A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(Added to NRS by 1999, 319)