|
Nevada Bad Check Laws
Nevada Notice of Bad Check or NSF Check - Civil Laws
This is a Notice of Bad Check or NSF Check - Civil. A "dishonored check" (also
known as a "bounced check" or "bad check") is a Bad Check or NSF check which the
bank will not pay because there is no such checking account, or there are
insufficient funds in the account to pay the Bad Check or NSF check. In order to
attempt the greatest possible recovery on a Bad Check or NSF check, the business
owner, or any other person given a Bad Check or NSF check, may be required by
state law to notify the debtor that the Bad Check or NSF check was dishonored.
Nevada Bad Check Law Summary - Nevada Notice of Bad Check or NSF Check - Civil
Laws
Nevada Bad Check Law Summary
Notice of Bad Check or NSF Check
Note: This summary is not intended to be an all inclusive summary of the Nevada
bad check laws, but does contain basic and other provisions.
Title 3 - REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS
CHAPTER 41 - ACTIONS AND PROCEEDINGS IN PARTICULAR CASES CONCERNING PERSONS
NRS 41.620 Liability for issuance on nonexistent account or drawing on
insufficient money; liability for use of invalid credit or debit card.
1. Any person who: (a) Makes, utters, draws or delivers a bad check or NSF check
or draft for the payment of money drawn upon any financial institution or other
person, when he has no account with the drawee of the instrument or has
insufficient money, property or credit with the drawee to pay; or
(b) Uses a credit card or debit card to obtain money, goods, property, services
or anything of value, when he knows or should have known the credit card or
debit card is no longer valid, and who fails to pay the amount in cash to the
payee, issuer or other creditor within 30 days after a demand therefor in
writing is mailed to him by certified mail, is liable to the payee, issuer or
other creditor for the amount of the bad check or NSF check, draft or extension
of credit, and damages equal to three times the amount of the bad check or NSF
check, draft or extension of credit, but not less than $100 nor more than $500.
2. As used in this section, unless the context otherwise requires: (a) "Credit
card" has the meaning ascribed to it in NRS 205.630;
(b) "Debit card" has the meaning ascribed to it in NRS 205.635; and
(c) "Issuer" has the meaning ascribed to it in NRS 205.650.
Title 3 - REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS
CHAPTER 41 - ACTIONS AND PROCEEDINGS IN PARTICULAR CASES CONCERNING PERSONS
NRS 41.620 Liability for issuance on nonexistent account or drawing on
insufficient money; liability for use of invalid credit or debit card.
1. Any person who: (a) Makes, utters, draws or delivers a bad check or NSF check
or draft for the payment of money drawn upon any financial institution or other
person, when he has no account with the drawee of the instrument or has
insufficient money, property or credit with the drawee to pay; or
(b) Uses a credit card or debit card to obtain money, goods, property, services
or anything of value, when he knows or should have known the credit card or
debit card is no longer valid, and who fails to pay the amount in cash to the
payee, issuer or other creditor within 30 days after a demand therefor in
writing is mailed to him by certified mail, is liable to the payee, issuer or
other creditor for the amount of the bad check or NSF check, draft or extension
of credit, and damages equal to three times the amount of the bad check or NSF
check, draft or extension of credit, but not less than $100 nor more than $500.
2. As used in this section, unless the context otherwise requires: (a) "Credit
card" has the meaning ascribed to it in NRS 205.630;
(b) "Debit card" has the meaning ascribed to it in NRS 205.635; and
(c) "Issuer" has the meaning ascribed to it in NRS 205.650.
|
|