Nevada Code § 104.9322

Priorities among conflicting security interests in and agricultural liens on same collateral
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1. Except
as otherwise provided in this section, priority among conflicting security
interests and agricultural liens in the same collateral is determined according
to the following rules:
(a) Conflicting
perfected security interests and agricultural liens rank according to priority
in time of filing or perfection. Priority dates from the earlier of the time a
filing covering the collateral is first made or the security interest or
agricultural lien is first perfected, if there is no period thereafter when
there is neither filing nor perfection.
(b) A
perfected security interest or agricultural lien has priority over a
conflicting unperfected security interest or agricultural lien.
(c) The
first security interest or agricultural lien to attach or become effective has
priority if conflicting security interests and agricultural liens are
unperfected.
2. For
the purposes of paragraph (a) of subsection 1:
(a) The
time of filing or perfection as to a security interest in collateral is also
the time of filing or perfection as to a security interest in proceeds; and
(b) The
time of filing or perfection as to a security interest in collateral supported
by a supporting obligation is also the time of filing or perfection as to a
security interest in the supporting obligation.
3. Except
as otherwise provided in subsection 6, a security interest in collateral which
qualifies for priority over a conflicting security interest under NRS 104.9327 , 104.9328 , 104.9329 , 104.9330 or 104.9331 also has priority over a
conflicting security interest in:
(a) Any
supporting obligation for the collateral; and
(b) Proceeds
of the collateral if:
(1) The
security interest in proceeds is perfected;
(2) The
proceeds are cash proceeds or of the same type as the collateral; and
(3) In
the case of proceeds that are proceeds of proceeds, all intervening proceeds
are cash proceeds, proceeds of the same type as the collateral, or an account
relating to the collateral.
4. Subject
to subsection 5 and except as otherwise provided in subsection 6, if a security
interest in chattel paper, deposit accounts, negotiable documents, instruments,
investment property or letter-of-credit rights is perfected by a method other
than filing, conflicting perfected security interests in proceeds of the
collateral rank according to priority in time of filing.
5. Subsection
4 applies only if the proceeds of the collateral are not cash proceeds, chattel
paper, negotiable documents, instruments, investment property or letter-of-credit
rights.
6. Subsections
1 to 5, inclusive, are subject to:
(a) Subsection
7 and the other provisions of this part;
(b) NRS 104.4210 with respect to a security
interest of a collecting bank;
(c) NRS 104.5118 with respect to a security
interest of an issuer or nominated person; and
(d) NRS 104.9110 with respect to a security
interest arising under article 2 or 2A.
7. A perfected agricultural lien on
collateral has priority over a conflicting security interest in or agricultural
lien on the same collateral if the statute creating the agricultural lien so
provides.

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