Section 293B.1245 - Lease of systems or devices by certain counties without option to purchase: Contents of agreement; deposit and use of rental payments1. The Secretary of State and a county whose population is less than 100,000 may enter into a written agreement for the lease of mechanical voting systems and mechanical recording devices, without an option for the county to purchase such systems and devices. Each agreement must provide in substance that:(a) The systems or devices particularly described in the agreement are leased by the State, as lessor, to the county, as lessee, for a term of 2 years from the date of the agreement, with an exclusive option in the lessee to extend the term for like periods of 2 years at a time.(b) The lessee will maintain and insure the systems and devices for the original term and each succeeding agreed term.(c) The aggregate of rental payments for a term of 2 years under the lease does not exceed 10 percent of the purchase price of the systems and devices described in the agreement.2. All rental payments received under all such agreements entered into pursuant to this section must be deposited into a separate account in the State General Fund to be used to pay the costs of replacing aging and outdated mechanical voting systems and mechanical recording devices.Added to NRS by 2017, 548Added by 2017, Ch. 124,§1.6, eff. 5/25/2017.