2010 Nevada Code
TITLE 43 PUBLIC SAFETY; VEHICLES; WATERCRAFT
Chapter 481 Administration of Laws Relating to Motor Vehicles
NRS 481.082 Arrearage in tax, fee or assessment administered by Department: Release or subordination of lien; certificate issued by Department as conclusive evidence.
NRS 481.082 Arrearage in tax, fee or assessment administered by Department: Release or subordination of lien; certificate issued by Department as conclusive evidence.
1. The Department may release all or any portion of the property subject to a lien imposed by the Department pursuant to NRS 481.081 or subordinate the lien to other liens and encumbrances if the Department determines that the amount, interest and penalties are secured sufficiently by a lien on other property or that the release or subordination of the lien will not jeopardize the collection of the amount, interest and penalties.
2. A certificate issued by the Department stating that property has been released from a lien, or that a lien has been subordinated to other liens and encumbrances, is conclusive evidence that the property has been released, or that the lien has been subordinated.
(Added to NRS by 1999, 154)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
