Nevada Revised Statutes 108.276 – Liens on aircraft: Redelivery of property upon posting of bond
Current as of: 2022 | Check for updates
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1. The legal owner may, for the redelivery of any aircraft, aircraft equipment or parts which are held by the lien claimant, file with the court a bond for double the amount of the lien.
Terms Used In Nevada Revised Statutes 108.276
- Lien: A claim against real or personal property in satisfaction of a debt.
2. The court upon approval of such a bond shall issue its order requiring the lien claimant to relinquish possession of the property to the legal owner.