NRS 597.840: Unlawful retention of deposit for longer than agreed time; penalty.
Where this section sits in the code
- TITLE 52 — TRADE REGULATIONS AND PRACTICES
- CHAPTER 597 - MISCELLANEOUS TRADE REGULATIONS AND PROHIBITED ACTS
- MISCELLANEOUS PROVISIONS
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.
Collected 2026-09-03T05:51:43Z. Source file · JSON