1.  A charter school is deemed to be a political subdivision of this State for the purposes of 43 U.S.C. § 869 et seq. and any law of this State relating to purchasing or leasing public land.

Terms Used In Nevada Revised Statutes 388A.087

2.  Any property acquired by a charter school as a result of subsection 1 may only be transferred to this State or a political subdivision of this State.

3.  If a charter school which has acquired property as a result of subsection 1 relocates, closes or otherwise ceases operations, the ownership of all such property must be transferred to this State or a political subdivision of this State.