Nevada § 482.3337 - Brokers: Insured trust account required
Full text of Nevada Nevada Revised Statutes § 482.3337 — Brokers: Insured trust account required, with citation guidance and answers to common questions.
§ 482.3337. Brokers: Insured trust account required
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: (a) Commingle the money in the trust account with any money that is not a deposit
on a vehicle. (b) Use any money in the trust account to pay his or her operational expenses. 2. 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.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 482.3337
What does Nevada Revised Statutes § 482.3337 cover?
Section 482.3337 ("Brokers: Insured trust account required") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 482.3337?
A common citation format is "Nevada Revised Statutes § 482.3337" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 482.3337 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.