2020 Nevada Revised Statutes
Chapter 645B - Mortgage Companies and Mortgage Loan Originators
NRS 645B.960 - Penalties for violations relating to escrow or trust accounts.
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)
