Statutes, codes, and regulations
Nevada Revised Statutes
Title 43 - PUBLIC SAFETY; VEHICLES; WATERCRAFTChapter 481 - ADMINISTRATION OF LAWS RELATING TO MOTOR VEHICLES
DEPARTMENT OF MOTOR VEHICLES
Section 481.082 - Arrearage in tax, fee or assessment administered by Department: Release or subordination of lien; certificate issued by Department as conclusive evidence

Nev. Rev. Stat. § 481.082

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 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.

NRS 481.082

Added to NRS by 1999, 154
Added to NRS by 1999, 154