§ NRS § 293B.1245Lease of systems or devices by certain counties without option to purchase: Contents of agreement; deposit and use of rental payments

Lease of systems or devices by certain counties without option
to purchase: Contents of agreement; deposit and use of rental payments.

1.  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replacing aging and outdated mechanical voting systems and mechanical recording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.