NAC386.240. Issuance of written charter to applicant not prepared to commence operation on date of issuance; expiration, renewal, and contents of charter; submission of supplemental application before expiration.

     1. The board of trustees of a school district, a college or university within the Nevada System of Higher Education or the State Board of Education may issue a written charter pursuant to subsection 7 of NRS 386.527 if the board of trustees, the college or university or the State Board, as applicable, determines that the applicant is not prepared to commence operation on the date of issuance of the written charter. A written charter issued pursuant to subsection 7 of NRS 386.527 expires on June 30 of the second fiscal year after the date of issuance and may be renewed for not more than 1 fiscal year upon showing of good cause to the sponsor. If a written charter is issued pursuant to subsection 7 of NRS 386.527, a governing body must be selected and the provisions of NRS 386.549 and NAC 386.345 apply to the governing body.

     2. A written charter issued pursuant to subsection 7 of NRS 386.527 must include:

     (a) A notation indicating the date on which the charter expires and indicating that the charter may be renewed for not more than 1 fiscal year;

     (b) Each reason why the charter school is not prepared to commence operation on the date of issuance of the charter;

     (c) The conditions that the governing body of the charter school must satisfy to convert the written charter issued pursuant to subsection 7 of NRS 386.527 to a written charter issued pursuant to subsection 5 of NRS 386.527;

     (d) The tasks that must be accomplished by the governing body of the charter school before it may submit a supplemental application to convert the written charter issued pursuant to subsection 7 of NRS 386.527 to a written charter issued pursuant to subsection 5 of NRS 386.527, including, without limitation, the timeline by which those tasks must be accomplished; and

     (e) A statement by the governing body of the charter school indicating that it understands that:

          (1) To receive apportionments from the State Distributive School Account, the charter school must comply with NAC 386.355;

          (2) The governing body shall not authorize the attendance of pupils at the charter school unless the charter school has obtained a written charter issued pursuant to subsection 5 of NRS 386.527; and

          (3) The governing body must obtain the insurance required by NAC 386.215 before commencing operation as a charter school.

     3. Before the expiration of a written charter issued pursuant to subsection 7 of NRS 386.527, the holder of the charter may submit a supplemental application to the sponsor requesting that the sponsor determine whether the charter school is eligible for a written charter issued pursuant to subsection 5 of NRS 386.527. The supplemental application must be submitted not less than 30 days before the expiration of the written charter issued pursuant to subsection 7 of NRS 386.527.

     (Added to NAC by Dep’t of Education by R193-01, eff. 4-1-2002; A by R011-03, 10-30-2003; A by Bd. of Education by R063-03, 10-30-2003; A by Dep’t of Education by R044-05, 10-31-2005; R169-07, 9-18-2008; A by Bd. of Education by R025-09, 10-27-2009)