GroundRules
NRS 482.438: Obtaining duplicate certificate of title to use as security with intent to defraud prohibited; penalties.
Where this section sits in the code
- TITLE 43 — PUBLIC SAFETY; VEHICLES; WATERCRAFT
- CHAPTER 482 - MOTOR VEHICLES AND TRAILERS: LICENSING, REGISTRATION, SALES AND LEASES
- IDENTIFICATION OF TRIMOBILES
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.
Collected 2026-09-03T05:51:41Z. Source file · JSON