Nevada Code § 205.590

Negotiation of document of title when goods are not in bailees possession
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A person who, with the
intent to defraud, negotiates or transfers for value a document of title, which
by the terms thereof represents that goods are in possession of the bailee who
issued the document, knowing that the bailee is not in possession of the goods
or any part thereof, without disclosing this fact, shall be punished:
1. Where the value of the goods purported
to be covered by the document of title is $1,200 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 $1,200,
for a misdemeanor.

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