NAC386.342. Equipment and supplies: Removal from premises; disposition upon closure; written inventory.

     1. If a charter school uses money received from the sponsor of the charter school, this State or the Federal Government to purchase equipment or supplies, the equipment and supplies:

     (a) Must remain on the premises of the charter school, unless the charter school is directed otherwise by the sponsor of the charter school, the State or the Federal Government, as applicable; and

     (b) May be removed from the premises of the charter school only by the sponsor of the charter school, the State or the Federal Government, as applicable.

     2. Equipment and supplies obtained by a charter school from sources other than the sponsor of the charter school, the State or the Federal Government may be removed from the premises of the charter school, subject to any applicable conditions, terms and limitations imposed upon a grant or donation used to purchase the equipment and supplies, if applicable.

     3. If a charter school uses money received from this State to purchase property or equipment and the charter school subsequently closes or its operation is otherwise terminated, the governing body of the charter school shall ensure that the property and equipment are transferred to the Department for appropriate accounting and disposition.

     4. The governing body of a charter school shall ensure that a:

     (a) Current written inventory of the equipment, supplies and textbooks of the charter school is maintained; and

     (b) Copy of the current written inventory is provided to the sponsor of the charter school.

Ê The inventory must identify the source of money used to purchase each item, the name of the entity that donated the item or the owner of the item, as applicable.

     (Added to NAC by Dep’t of Education by R057-04, eff. 8-25-2004)