Nevada § 488.1823 - Procedure for perfection of security interest
Full text of Nevada Nevada Revised Statutes § 488.1823 — Procedure for perfection of security interest, with citation guidance and answers to common questions.
§ 488.1823. Procedure for perfection of security interest
1. No security interest in any power-driven vessel required to be numbered under this
chapter, whether the number was awarded before or after the creation of the security
interest, is perfected until the secured party or the successor or assignee of the
secured party has deposited with the Department a properly endorsed certificate of
ownership to the power-driven vessel subject to the security interest. 2. The certificate must show the secured party as legal owner if the power-driven
vessel is then numbered under this chapter, or if not so numbered, the registered
owner shall file an initial application for a certificate of number and for a certificate
of ownership and the certificate of ownership issued thereunder must contain the name
and address of the legal owner. 3. Upon compliance with subsections 1 and 2, the security interest is perfected and
the records of the Department must show the secured party or the successor or assignee
of the secured party as the legal owner of the power-driven vessel.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 488.1823
What does Nevada Revised Statutes § 488.1823 cover?
Section 488.1823 ("Procedure for perfection of security interest") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 488.1823?
A common citation format is "Nevada Revised Statutes § 488.1823" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 488.1823 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.