Nevada Code § 104.8112

Creditors legal process
Open in Lexace · Ask the AI about this section
1. Except as otherwise provided in
subsection 4, the interest of a debtor in a certificated security may be
reached by a creditor only by actual seizure of the security certificate by the
officer making the attachment or levy. However, a certificated security for
which the certificate has been surrendered to the issuer may be reached by a
creditor by legal process upon the issuer.
2. Except as otherwise provided in
subsection 4, the interest of a debtor in an uncertificated security may be
reached by a creditor only by legal process upon the issuer at its chief
executive office in the United States.
3. Except as otherwise provided in
subsection 4, the interest of a debtor in a security entitlement may be reached
by a creditor only by legal process upon the securities intermediary with whom
the debtors securities account is maintained.
4. The interest of a debtor in a
certificated security for which the certificate is in the possession of a
secured party, or in an uncertificated security registered in the name of a
secured party, or a security entitlement maintained in the name of a secured
party, may be reached by a creditor by legal process upon the secured party.
5. A creditor whose debtor is the owner of
a certificated security, uncertificated security or security entitlement is
entitled to aid from a court of competent jurisdiction, by injunction or
otherwise, in reaching the certificated security, uncertificated security or
security entitlement or in satisfying the claim by means allowed at law or in
equity in regard to property that cannot readily be reached by other legal
process.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.