DUTY TO RELEASE UPON SATISFACTION.

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45-311. DUTY TO RELEASE UPON SATISFACTION. (1) When a claimant’s lien has been satisfied, the claimant shall, within thirty (30) days after satisfaction, file with the secretary of state a notice of release of lien.

(2) The notice of release shall be signed by the claimant, his agent, or his attorney-in-fact.

(3) The notice of release shall be filed on a standard form prescribed by the secretary of state.

History:

[45-311, added 1989, ch. 359, sec. 2, p. 903.]


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