Release of lien: Provision of security; payment or arrangement for payment.
Nev. Rev. Stat. § 108.891
in effect1. A lien on a farm product or processed farm product may be released to the extent that the value of the claim upon the farm product or processed farm product is secured by:
(a) A surety bond;
(b) A cash deposit; or
(c) Other security given and approved by a producer who holds a lien.
2. A producer holding a lien may release a lien upon:
(a) Payment for the agreed amount or for the reasonable value of the farm product that is sold or delivered; or
(b) Arrangements being made for payment of the agreed amount or for the reasonable value of the farm product that is sold or delivered that are satisfactory to the producer.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-108.htmlFetched: 10/4/2026