Nevada § 482.438 Obtaining duplicate certificate of title to use as security with intent to defraud prohibited; penalties

Nevada Statutes

§ 482.438 — Obtaining duplicate certificate of title to use as security with intent to defraud prohibited; penalties

Nevada § 482.438

Title 43PUBLIC SAFETY; VEHICLES; WATERCRAFT

Ch. 482Motor

SECURITY INTERESTS IN VEHICLES

This text of Nevada § 482.438 (Obtaining duplicate certificate of title to use as security with intent to defraud prohibited; penalties) 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. § 482.438 (2026).

Text

1.It is unlawful for a dealer or any other person, with the intent to defraud, to obtain a duplicate certificate of title for any vehicle in which the dealer or other person grants a security interest to secure a present or future debt, obligation or liability of any nature arising from a loan or other extension of credit made in connection with the financing of the inventory of the vehicles of the dealer, or to engage in any other similar practice commonly known as “flooring.”

2.A person who violates the provisions of subsection 1 shall be punished in accordance with the provisions of NRS 205.380 .

3.In addition to any penalty imposed pursuant to subsection 2, the court shall order the person to pay restitution.

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1. It is unlawful for a dealer or any other person, with the intent to defraud, to obtain a duplicate certificate of title for any vehicle in which the dealer or other person grants a security interest to secure a present or future debt, obligation or liability of any nature arising from a loan or other extension of credit made in connection with the financing of the inventory of the vehicles of the dealer, or to engage in any other similar practice commonly known as “flooring.”
2. A person who violates the provisions of subsection 1 shall be punished in accordance with the provisions of NRS 205.380 .
3. In addition to any penalty imposed pursuant to subsection 2, the court shall order the person to pay restitution.