Nevada § 388A.275 Charter contract not assignable or transferable; charter contract may not be used as security for loan

Nevada Statutes

§ 388A.275 — Charter contract not assignable or transferable; charter contract may not be used as security for loan

Nevada § 388A.275

Title 34EDUCATION

Ch. 388ACharter

Charter Contracts

This text of Nevada § 388A.275 (Charter contract not assignable or transferable; charter contract may not be used as security for loan) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 388A.275 (2026).

Text

1.A charter contract entered into between the governing body of a charter school and the sponsor of the charter school is not assignable or transferable and may not be delegated to a third party.

2.A charter contract may not be used as security for any loan and shall be deemed to have no monetary value.

3.For the purpose of this section, an amendment to a charter contract which consolidates two or more charter schools, the restart of a charter school pursuant to NRS 388A.300 and the reconstitution of the governing body of a charter school pursuant to NRS 388A.330 do not constitute the assignment, transfer or delegation of a charter contract.

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1. A charter contract entered into between the governing body of a charter school and the sponsor of the charter school is not assignable or transferable and may not be delegated to a third party.
2. A charter contract may not be used as security for any loan and shall be deemed to have no monetary value.
3. For the purpose of this section, an amendment to a charter contract which consolidates two or more charter schools, the restart of a charter school pursuant to NRS 388A.300 and the reconstitution of the governing body of a charter school pursuant to NRS 388A.330 do not constitute the assignment, transfer or delegation of a charter contract.