NRS 488.182 Transfer of ownership not required on pledge of security interest.
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/nv/chapter-488-watercraft/488-182A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 488.182 Transfer of ownership not required on pledge of security interest. The transferee of a security interest of any legal owner of any power-driven vessel numbered under this chapter need not make application for transfer of ownership if such security interest arises from a pledge of a security agreement by the legal owner to the pledgee.