Section 388A.423 - Bankruptcy: Disposition of property; immunity of State and sponsor from liability1. If a charter school files a voluntary petition of bankruptcy or is declared bankrupt during a school year, any real property or other property held by the charter school must be disposed of as provided in NRS 388A.306.2. If a charter school files a voluntary petition of bankruptcy or is declared bankrupt during a school year, neither the State of Nevada nor the sponsor of the charter school may be held liable for any claims resulting from the bankruptcy.(Added to NRS by 1997, 1848; A 1999, 3301; 2013, 1602)-(Substituted in revision for NRS 386.575) (Added to NRS by 1997, 1848; A 1999, 3301; 2013, 1602) - (Substituted in revision for NRS 386.575 )