Nevada Administrative Code
Chapter 387 - Financial Support of School System
CHARTER SCHOOL AND UNIVERSITY SCHOOL FOR PROFOUNDLY GIFTED PUPILS BUDGET AND FINANCE REGULATIONS
Section 387.765 - Compliance with accounting principles; use of chart of accounts; maintenance of money in banks, credit unions or savings and loan associations
Universal Citation: NV Admin Code 387.765
Current through February 27, 2024
A charter school or university school for profoundly gifted pupils shall:
1. Comply with generally accepted accounting principles.
2. Use the chart of accounts prescribed by the Department.
3. Maintain all money received by the charter school or university school for profoundly gifted pupils from this State and from the board of trustees of a school district in:
(a) A bank in this State whose deposits are
insured by the Federal Deposit Insurance Corporation;
(b) A credit union in this State whose
deposits are insured by the National Credit Union Share Insurance Fund or by a
private insurer approved pursuant to NRS NRS
NRS
678.755; or
(c) A savings and loan association in this
State whose deposits, if made by the State, a charter school or a university
school for profoundly gifted pupils or an agency of either, are insured by the
Federal Deposit Insurance Corporation, or the legal successor of the Federal
Deposit Insurance Corporation.
4. No expenditures from an account may be made in excess of the balance of the account.
Added to NAC by Bd. of Education by R026-09, eff. 10-27-2009
NRS 386.540, 392A.060
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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