49-511 CANCELLATION OR DISCHARGE OF LIEN OR ENCUMBRANCE.

TITLE 49

MOTOR VEHICLES

CHAPTER 5

VEHICLE TITLES

49-511. Cancellation or discharge of lien or encumbrance. When a lien or encumbrance is cancelled or discharged, the lienholder shall provide notice of such cancellation or discharge to the department. If the lienholder was holding the paper certificate of title, he shall note the cancellation or discharge on the certificate of title in the space provided, over his signature, or by some other legal document, discharging the encumbrance, and shall deliver the paper certificate of title to the owner.