SALE OF ENCUMBERED VEHICLE — CONSENT OF LIENHOLDER — EFFECT.

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49-513. SALE OF ENCUMBERED VEHICLE — CONSENT OF LIENHOLDER — EFFECT. Sale of any vehicle by the owner with the knowledge and consent of the holder of any lien or encumbrance properly noted upon the certificate of title or upon the electronic records of the department, shall not render the sale void or ineffective as against that lien or encumbrance.

History:

[49-513, added 1988, ch. 265, sec. 128, p. 649; am. 1993, ch. 298, sec. 4, p. 1099.]


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