Nevada Revised Statutes 487.840 – Title: Removal or concealment of indicia of salvage vehicle or rebuilt vehicle prohibited; criminal penalties if violation committed with intent to defraud; restitution
Current as of: 2022 | Check for updates
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1. A person shall not remove, cause to be removed or conceal a marking on:
Attorney's Note
Under the Nevada Revised Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| category D felony | 1 to 4 years | up to $5,000 |
Terms Used In Nevada Revised Statutes 487.840
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
(a) A salvage title or other title which indicates that the vehicle is a salvage vehicle; or
(b) A certificate of title or other title for a rebuilt vehicle which indicates that the vehicle is a rebuilt vehicle.
2. A person who knowingly violates subsection 1 with the intent to defraud:
(a) If the fair market value of the vehicle involved is $650 or more, is guilty of a category D felony and shall be punished as provided in NRS 193.130.
(b) If the fair market value of the vehicle involved is less than $650, is guilty of a misdemeanor. In addition to any other penalty, the court shall order the person to pay restitution to the victim.