1. 1. At least once every 3 years, the Department shall conduct a comprehensive review of each sponsor of a charter school that the Department has approved for sponsorship pursuant to NRS 388A.220.

2. 2. In conducting a comprehensive review of a sponsor, the Department shall:

   1. (a) Review the annual reports submitted to the Department by the sponsor pursuant to NRS 388A.351;
   2. (b) Determine whether the sponsor has complied with all applicable statutes and regulations; and
   3. (c) Determine whether the sponsor applies nationally recognized best practices, as described in regulation by the Department, in carrying out its duties as a sponsor.
3. 3. The Department may obtain the assistance of any entity or person the Department deems necessary or appropriate to carry out the review.
4. 4. After completing the comprehensive review, the Department shall determine whether to continue or revoke the authorization of a sponsor to sponsor charter schools.
5. 5. The Department shall adopt by regulation the criteria to apply when determining whether to continue or revoke the authorization of a sponsor to charter schools pursuant to subsection 4.

(Added to NRS by 2019, 2065)