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NRS 108.740

Lawful sale releases lienholder

Known as the Uniform Federal Lien Registration Act

The act spans §§ 108–108 (195 sections).

(Added to NRS by 1957, 217; A 1993, 225)

After a vessel has been lawfully sold to satisfy a lien created in NRS 108.670 to 108.760, inclusive, the lienholder is not liable for failure to deliver the vessel to a previous owner or claimant.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.