Nev. Rev. Stat. § 597.840

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 597.840 - Unlawful retention of deposit for longer than agreed time; penalty
1. A person shall not hold a deposit for the purchase of an item longer than the time specified in a contract between the purchaser and the seller if the purchaser is entitled to the return of the deposit.
2. A person who violates the provisions of subsection 1 shall be punished by a fine of not more than the amount of the deposit multiplied by the number of working days the deposit was retained after return was due.

NRS 597.840

Added to NRS by 1985, 2255
Added to NRS by 1985, 2255