1. The Department may release all or any portion of the property subject to a lien imposed by the Department pursuant to NRS 481.081 or subordinate the lien to other liens and encumbrances if the Department determines that the amount, interest and penalties are secured sufficiently by a lien on other property or that the release or subordination of the lien will not jeopardize the collection of the amount, interest and penalties.
2. A certificate issued by the Department stating that property has been released from a lien, or that a lien has been subordinated to other liens and encumbrances, is conclusive evidence that the property has been released, or that the lien has been subordinated.
(Added to NRS by 1999, 154)