Transfer of ownership not required on pledge of security interest.

Nev. Rev. Stat. § 488.182
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-488.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements

Nev. Rev. Stat. § 488.182 — Transfer of ownership not required on pledge of security interest | Nevada Revised Statutes | Corpus