Nevada § 388A.423 Bankruptcy: Disposition of property; immunity of State and sponsor from liability

Nevada Statutes

§ 388A.423 — Bankruptcy: Disposition of property; immunity of State and sponsor from liability

Nevada § 388A.423

Title 34EDUCATION

Ch. 388ACharter

FINANCES

This text of Nevada § 388A.423 (Bankruptcy: Disposition of property; immunity of State and sponsor from liability) 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.423 (2026).

Text

1.If a charter school files a voluntary petition of bankruptcy or is declared bankrupt during a school year, any real property or other property held by the charter school must be disposed of as provided in NRS 388A.306 .

2.If a charter school files a voluntary petition of bankruptcy or is declared bankrupt during a school year, neither the State of Nevada nor the sponsor of the charter school may be held liable for any claims resulting from the bankruptcy.

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1. If a charter school files a voluntary petition of bankruptcy or is declared bankrupt during a school year, any real property or other property held by the charter school must be disposed of as provided in NRS 388A.306 .
2. If a charter school files a voluntary petition of bankruptcy or is declared bankrupt during a school year, neither the State of Nevada nor the sponsor of the charter school may be held liable for any claims resulting from the bankruptcy.