Title 105 · NRS Chapter 105

Applicability of provisions; changing method of perfection or notice.

Citation: NRS 105.020

Section: 105.105.020

NRS

105.020

Applicability of provisions; changing method of perfection or notice.

1. The provisions of NRS 105.010 to 105.080 , inclusive, apply to a public utility only if the public utility elects to file a security instrument pursuant to NRS 105.030 and then only as to the method of perfection or notice of that security instrument.

2. Except as otherwise provided in subsection 3 of NRS 105.040 , a public utility shall not change the method of perfection or notice of a security instrument from a method allowed pursuant to a provision other than NRS 105.010 to 105.080 , inclusive, to the method allowed by NRS 105.010 to 105.080 , inclusive.

3. Once a security instrument has been filed pursuant to NRS 105.030 , the public utility shall not change the method of perfection or notice for that security instrument pursuant to a provision other than NRS 105.010 to 105.080 , inclusive.

(Added to NRS by 1995, 880 )