696B.160 - “Secured claim” defined. - Nevada Statutes

696B.160  “Secured claim” defined.

      1.  “Secured claim” means any claim secured by mortgage, trust deed, pledge, deposit as security, escrow or otherwise, but not including special deposit claims or claims against general assets.

      2.  “Secured claim” includes claims which have become liens upon specific assets through judicial process and not invalidated.

      (Added to NRS by 1971, 1886)