Nev. Admin. Code § 388A.515

Current through December 12, 2024
Section 388A.515 - Equipment and supplies: Removal from premises; disposition upon closure
1. If a charter school uses money received from the sponsor of the charter school, this State or the Federal Government to purchase equipment or supplies, the equipment and supplies:
(a) Must remain on the premises of the charter school, unless the charter school is directed otherwise by the sponsor of the charter school, the State or the Federal Government, as applicable; and
(b) May be removed from the premises of the charter school only by the sponsor of the charter school, the State or the Federal Government, as applicable.
2. Equipment and supplies obtained by a charter school from sources other than the sponsor of the charter school, the State or the Federal Government may be removed from the premises of the charter school, subject to any applicable conditions, terms and limitations imposed upon a grant or donation used to purchase the equipment and supplies, if applicable.
3. If a charter school uses money received from this State to purchase property or equipment and the charter school subsequently closes or its operation is otherwise terminated, the governing body of the charter school shall ensure that the property and equipment are transferred to the sponsor of the charter school for appropriate accounting and disposition.

Nev. Admin. Code § 388A.515

Added to NAC by Dep't of Education by R057-04, eff. 8-25-2004; A by R035-14, 12-22-2014 - Substituted in revision for NAC 386.342

NRS 388A.110