1. A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral. 2. To redeem collateral, a person must tender: (a) Fulfillment of all obligations secured by the collateral; and (b) The reasonable expenses and attorneys fees described in paragraph (a) of subsection 1 of NRS 104.9615 . 3. A redemption may occur at any time before a secured party: (a) Has collected collateral under NRS 104.9607 ; (b) Has disposed of collateral or entered into a contract for its disposition under NRS 104.9610 ; or (c) Has accepted collateral in full or partial satisfaction of the obligation it secures under NRS 104.9622 .
‹ 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.