NRS645B.960. Penalties for violations relating to escrow or trust accounts.


Latest version.
  •       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.

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