Nevada § 205.590 Negotiation of document of title when goods are not in bailee’s possession

Nevada Statutes

§ 205.590 — Negotiation of document of title when goods are not in bailee’s possession

Nevada § 205.590

Title 15CRIMES AND PUNISHMENTS

Ch. 205Crimes

DOCUMENTS OF TITLE

This text of Nevada § 205.590 (Negotiation of document of title when goods are not in bailee’s possession) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 205.590 (2026).

Text

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.

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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.