Title 108 · NRS Chapter 108
Amount by which lien exceeds $1,000 is secondary to perfected security interest.
Citation: NRS 108.690
Section: 108.108.690
NRS
108.690
Amount by which lien exceeds $1,000 is secondary to perfected security interest.
To the extent that a lien or the aggregate of several liens acquired as provided in NRS 108.670 to 108.760 , inclusive, exceeds $1,000, it is secondary to a perfected security interest in the vessel.
(Added to NRS by 1957, 215 ; A 1985, 372 ; 1993, 224 )