205.570 - Obtaining or negotiating document of title for goods with intent to defraud. - Nevada Statutes

205.570  Obtaining or negotiating document of title for goods with intent to defraud.  A person who, with the intent to defraud, obtains a negotiable document of title for goods to which the person does not have title, or which are subject to a security interest, and negotiates the document for value, without disclosing the want of title or the existence of the security interest, shall be punished:

      1.  Where the value of the goods purported to be covered by the document of title is $250 or more, for a category D felony as provided in NRS 193.130. In addition to any other penalty, the court shall order the person to pay restitution.

      2.  Where the value is less than $250, for a misdemeanor.

      (Added to NRS by 1965, 927; A 1967, 511; 1979, 1450; 1989, 1439; 1995, 1230)