Nev. Rev. Stat. § 645B.960

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 645B.960 - Penalties for violations relating to escrow or trust accounts

1. A person, or any general partner, director, officer, agent or employee of a person, who violates any provision of NRS 645B.165 to 645B.180, inclusive, is guilty of:

(a) A misdemeanor if the amount involved is less than $650;

(b) A gross misdemeanor if the amount involved is $650 or more but less than $1,000; or

(c) A category D felony if the amount involved is $1,000 or more, and shall be punished as provided in NRS 193.130.

2. In addition to any other penalty, if a person is convicted of or enters a plea of nolo contendere to a violation described in subsection 1, the court shall order the person to pay:

(a) Court costs; and

(b) Reasonable costs of the investigation and prosecution of the violation.

NRS 645B.960

Added to NRS by 1981, 1785; A 1985, 2191; 1989, 1442; 1995, 1313; 1999, 3801; 2011, 179