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 Nevada Revised Statutes (Last Updated: December 24, 2014)
 TITLE34 EDUCATION
 CHAPTER386. Local Administrative Organization
  CHARTER SCHOOLS
  Sponsorship of Charter Schools; Review and Approval of Applications to Form Charter Schools; Renewal and Revocation of Charters

  NRS386.540. Regulations. [Effective January 1, 2020.]  

Latest version.

  •       1.  The Department shall adopt regulations that prescribe:

          (a) The process for submission of an application pursuant to NRS 386.515 by the board of trustees of a school district or a college or university within the Nevada System of Higher Education to the Department for authorization to sponsor charter schools, the contents of the application, the process for the Department to review the application and the timeline for review;

         (b) The process for the Department to conduct a comprehensive review of the sponsors of charter schools that it has approved for sponsorship pursuant to NRS 386.515 at least once every 3 years;

          (c) The process for the Department to determine whether to continue or to revoke the authorization of a board of trustees of a school district or a college or university within the Nevada System of Higher Education to sponsor charter schools;

          (d) The process for submission of an application to form a charter school to the board of trustees of a school district, the State Public Charter School Authority and a college or university within the Nevada System of Higher Education, and the contents of the application;

          (e) The process for submission of an application to renew a charter contract;

          (f) The criteria and type of investigation that must be applied by the board of trustees, the State Public Charter School Authority and a college or university within the Nevada System of Higher Education in determining whether to approve an application to form a charter school, an application to renew a charter contract or a request for an amendment of a charter contract; and

          (g) The process for submission of an amendment of a charter contract pursuant to NRS 386.527 and the contents of the application.

          2.  The Department may adopt regulations as it determines are necessary to carry out the provisions of NRS 386.490 to 386.649, inclusive, including, without limitation, regulations that prescribe the:

          (a) Procedures for accounting and budgeting;

          (b) Requirements for performance audits and financial audits of charter schools on an annual basis for charter schools that do not satisfy the requirements of subsection 1 of NRS 386.5515; and

          (c) Requirements for performance audits every 3 years and financial audits on an annual basis for charter schools that satisfy the requirements of subsection 1 of NRS 386.5515.

      (Added to NRS by 1997, 1856; A 2001, 3131; 2007, 2573; 2011, 2365, 3051; 2013, 1667, 2926, effective January 1, 2020)