Make Notes On Legal Nevada Bad Checks Forms For Free

In Nevada, it is a crime to knowingly issue a bad check. If you are accused of writing a bad check and do not swiftly resolve the matter, you may actually face criminal charges. A bad check valued at more than $250 may actually result in you facing felony charges and the potential of imprisonment in state prison.

Accept Only Cashier's Checks A cashier's check offers the greatest protection to the recipient as they can't be reversed. Cashier's checks are treated as guaranteed funds because the bank, rather than the purchaser, is responsible for paying the amount. The same goes for a wire transfer to your company's bank account.

PC 476 check fraud primarily deals with making, passing, or attempting to pass, , fictitious, or altered checks with intent to defraud somebody out of money or property. Penal Code 476a, primarily deals with real checks you pass, or attempt to pass, with insufficient funds.

You may be responsible for repaying the entire amount of the check. While bank policies and state laws vary, you may have to pay the bank the entire amount of the fraudulent check that you cashed or deposited into your account. You may have to pay overdraft fees.

Nevada law prohibits the issuance of a check or draft without sufficient money or credit. If you violate this law, you could be found guilty of a property crime made illegal under Chapter 205 of Title 15, which is Nevada's penal code.

Checks are essentially an IOU for money. When you write a check, you effectively promise the payee that you have enough money in your account to cover its amount. The bank will "bounce" the check if you write a bad one because there are insufficient funds in your account to cover it. It will decline to pay the amount.