Nevada § 388A.162 - Account for the State Public Charter School Authority: Creation; use of money in Account; acceptance of gifts, grants and bequests; prohibition against accepting gift or donation from charter management organization, committee to form charter school or governing body
Full text of Nevada Nevada Revised Statutes § 388A.162 — Account for the State Public Charter School Authority: Creation; use of money in Account; acceptance of gifts, grants and bequests; prohibition against accepting gift or donation from charter management organization, committee to form charter school or governing body, with citation guidance and answers to common questions.
§ 388A.162. Account for the State Public Charter School Authority: Creation; use of money in Account; acceptance of gifts, grants and bequests; prohibition against accepting gift or donation from charter management organization, committee to form charter school or governing body
1. The Account for the State Public Charter School Authority is hereby created in
the State General Fund, to be administered by the Executive Director. 2. The interest and income earned on the money in the Account must be credited to
the Account. 3. The money in the Account may be used only for the establishment and maintenance
of the State Public Charter School Authority. 4. Any money remaining in the Account at the end of a fiscal year does not revert
to the State General Fund, and the balance in the Account must be carried forward
to the next fiscal year. 5. Except as otherwise provided in this subsection, the Executive Director and the
State Public Charter School Authority may accept gifts, grants and bequests to carry
out the provisions of this chapter. The Executive Director and the State Public Charter School Authority shall not accept
any gift or donation from a charter management organization, a committee to form a
charter school or the governing body of a charter school. Any money from gifts, grants and bequests must be deposited in the Account and may
be expended in accordance with the terms and conditions of the gift, grant or bequest,
or in accordance with this section.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 388A.162
What does Nevada Revised Statutes § 388A.162 cover?
Section 388A.162 ("Account for the State Public Charter School Authority: Creation; use of money in Account; acceptance of gifts, grants and bequests; prohibition against accepting gift or donation from charter management organization, committee to form charter school or governing body") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 388A.162?
A common citation format is "Nevada Revised Statutes § 388A.162" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 388A.162 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.