{"data":{"id":"us-nv/nrs-388a.423","jurisdiction":"us-nv","citation":"NRS 388A.423","heading":"Bankruptcy: Disposition of property; immunity of State and sponsor from liability.","body":"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.\n2. 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.","path":["TITLE 34 — EDUCATION","CHAPTER 388A - CHARTER SCHOOLS","ACCOUNT FOR CHARTER SCHOOLS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-388A.html#NRS388ASec423","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:38Z","sha256":"c233339899e9d9ae2cffe20b817802a11d611b0cc44eda72b45b581542057b85","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-388a.420","next":"us-nv/nrs-388a.432"},"notice":"GroundRules: Original legal text. Not legal advice."}