REVIVAL OF LOST LIENS.

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49-1704. REVIVAL OF LOST LIENS. Whenever the lien upon any vehicle is lost by reason of the loss of possession through trick, fraud, or device, the repossession of the vehicle by the lien holder revives the lien, but any lien so revived is subordinate to any right, title or interest of any person under any sale, transfer, encumbrance, lien or other interest acquired or secured in good faith and for value between the time of the loss of possession and the time of repossession.

History:

[49-1704, added 1988, ch. 265, sec. 411, p. 790.]


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