{"data":{"id":"us-nv/nrs-482.3337","jurisdiction":"us-nv","citation":"NRS 482.3337","heading":"Brokers: Insured trust account required.","body":"1. Each broker shall open and maintain a separate trust account in a bank, credit union, savings and loan association or savings bank in this State that is federally insured or insured by a private insurer approved pursuant to NRS 672.755. The broker shall deposit into the trust account any money received from a prospective buyer as a deposit on a vehicle. A broker shall not:\n(a) Commingle the money in the trust account with any money that is not a deposit on a vehicle.\n(b) Use any money in the trust account to pay his or her operational expenses.\n2. A broker shall not require the buyer of a vehicle to pay a deposit on a vehicle in an amount that exceeds 10 percent of the purchase price of the vehicle.","path":["TITLE 43 — PUBLIC SAFETY; VEHICLES; WATERCRAFT","CHAPTER 482 - MOTOR VEHICLES AND TRAILERS: LICENSING, REGISTRATION, SALES AND LEASES","MANUFACTURERS, REBUILDERS, DISTRIBUTORS, DEALERS, BROKERS, SALESPERSONS AND LESSORS","Licensing and Regulation"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-482.html#NRS482Sec3337","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:41Z","sha256":"912eb2d38d7cadbe172ffb4f4860029354dc1a044460e816ac4c98197ca18e71","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-482.3335","next":"us-nv/nrs-482.334"},"notice":"GroundRules: Original legal text. Not legal advice."}