{"data":{"id":"us-nv/nrs-388a.275","jurisdiction":"us-nv","citation":"NRS 388A.275","heading":"Charter contract not assignable or transferable; charter contract may not be used as security for loan.","body":"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.\n2. A charter contract may not be used as security for any loan and shall be deemed to have no monetary value.\n3. 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.","path":["TITLE 34 — EDUCATION","CHAPTER 388A - CHARTER SCHOOLS","FORMATION OF CHARTER SCHOOL","Charter Contracts"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-388A.html#NRS388ASec275","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:38Z","sha256":"075dc93a547cfdf5233c5d4da03c1fe47da6c271ab588ddf22433b35d5dfb73b","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-388a.274","next":"us-nv/nrs-388a.276"},"notice":"GroundRules: Original legal text. Not legal advice."}