Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter386 Local Administrative Organization |
CHARTER SCHOOLS |
Charter School Financing Law |
NAC386.460. Request for bond financing: Application. [Effective January 1, 2020.]
- A request by an obligor for bond financing pursuant to NRS 386.630 and 386.632 must be made by the submission of a written application to the Director, on a form prescribed by the Director. In addition to any other information required by NRS 386.612 to 386.649, inclusive, the application must include or be accompanied by:
1. The name of the obligor and any other name under which the obligor does business or expects to do business;
2. The business and residential addresses of the obligor, as applicable, including the street name and number of each address;
3. If the obligor is a corporation, association or other entity described in NRS 386.621, other than a governmental entity, the name and residential address of each director, officer, partner and manager of the obligor, as applicable;
4. Information relating to each bond credit rating received by the obligor within the 12 months immediately preceding the date of the application;
5. A description of the project;
6. The address of the project, including the street name and number of that address;
7. The number of pupils attending the charter school;
8. A statement by the sponsor of the charter school that the charter school is not in default under its current charter contract;
9. If the charter contract of the charter school requires a review of the project by the sponsor of the charter school, documentary evidence that the review has been completed;
10. A statement of all local, state and federal requirements which must be complied with to complete the project and the status of any process of approval applicable to each such requirement;
11. The expected date of maturity and the amount of the bonds; and
12. Any other information which the Director determines is necessary in a particular case and which is reasonably related to the obligor’s qualifications for the bond financing.
(Added to NAC by Dep’t of Business & Industry by R099-13, 6-23-2014, eff. 1-1-2020)