Nevada § 597.840 Unlawful retention of deposit for longer than agreed time; penalty

Nevada Statutes

§ 597.840 — Unlawful retention of deposit for longer than agreed time; penalty

Nevada § 597.840

Title 52TRADE REGULATIONS AND PRACTICES

Ch. 597Miscellaneous

MISCELLANEOUS PROVISIONS

This text of Nevada § 597.840 (Unlawful retention of deposit for longer than agreed time; penalty) 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. § 597.840 (2026).

Text

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.

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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.