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Current as of January 01, 2025 | Updated by Findlaw Staff
A person who, with the intent to defraud, negotiates or transfers for value a document of title, which by the terms thereof represents that goods are in possession of the bailee who issued the document, knowing that the bailee is not in possession of the goods or any part thereof, without disclosing this fact, shall be punished:
1. Where the value of the goods purported to be covered by the document of title is $1,200 or more, for a category D felony as provided in NRS 193.130. In addition to any other penalty, the court shall order the person to pay restitution.
2. Where the value is less than $1,200, for a misdemeanor.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 15. Crimes and Punishments § 205.590. Negotiation of document of title when goods are not in bailee's possession - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-15-crimes-and-punishments/nv-rev-st-205-590/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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