Nevada Revised Statutes Title 8. Commercial Instruments and Transactions § 104.9702. Applicability of amendatory provisions to preexisting transactions, liens, actions, cases and proceedings

(a) Transactions and liens that were not governed by this article before July 1, 2001, were validly entered into or created before that date, and would be subject to this article if they had been entered into or created after that date, and the rights, duties and interests flowing from those transactions and liens remain valid on and after that date;  and

(b) The transactions and liens may be terminated, completed, consummated or enforced as required or permitted by this article or by the law that otherwise would apply if this article had not taken effect.