NAC116A.180. Education audit committees.

     1. The Commission may establish one or more education audit committees.

     2. The Commission will create and maintain a list of persons who have been approved by the Commission to serve on an education audit committee. A person is eligible to be included on the list if the person is a current or former member of the Commission or if the person:

     (a) Is a resident of this State;

     (b) Has resided in a common-interest community or condominium hotel or has been actively engaged in a business or profession related to common-interest communities or condominium hotels for not less than 3 years immediately preceding the date on which the person is approved by the Commission to serve on an education audit committee;

     (c) Has served as a member of the executive board of the association of a common-interest community or condominium hotel or has professional experience related to common-interest communities or condominium hotels;

     (d) Has knowledge of the laws and regulations governing members of the executive board of the association of a common-interest community or condominium hotel, has knowledge of the laws and regulations governing common-interest communities or condominium hotels or has knowledge concerning the preparation of financial reports or reserve studies;

     (e) Has a good reputation for honesty, trustworthiness and integrity; and

     (f) Has not been disciplined by the Commission or the Division acting on behalf of the Commission within the 5 years immediately preceding the date on which the person is approved by the Commission to serve on an education audit committee.

     3. For each education audit committee established by the Commission, the Commission will:

     (a) Determine the number of persons who will serve on the education audit committee; and

     (b) Select the members of the education audit committee from the list created and maintained pursuant to subsection 2.

     4. Each member of an education audit committee established by the Commission pursuant to this section:

     (a) Serves at the pleasure of the Commission and without compensation; and

     (b) While engaged in the discharge of the official duties of a member of an education audit committee, is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.

     5. The Administrator may select an education audit committee established by the Commission to assist the Division with the review and audit of:

     (a) An instructor approved by the Commission;

     (b) A course of instruction designed to fulfill the educational requirements for the issuance of an original certificate which is approved or funded by the Commission; or

     (c) A course for continuing education which is approved or funded by the Commission.

     6. An education audit committee selected by the Administrator pursuant to subsection 5 shall prepare and provide to the Division an audit report for each instructor and course reviewed and audited by the education audit committee.

     7. The Division and the Commission may use an audit report prepared by an education audit committee pursuant to subsection 6 to determine whether an instructor or sponsor of a course is satisfying the requirements of NAC 116A.175 to 116A.305, inclusive.

     (Added to NAC by Comm’n for Common-Interest Communities & Condo. Hotels by R166-09, eff. 5-5-2011)