North Dakota § 15.1-40-16 School closure and dissolution

North Dakota Statutes

§ 15.1-40-16 — School closure and dissolution

North Dakota § 15.1-40-16

Title 15.1Elementary and Secondary Education

Ch. 15.1-40Public Charter Schools

This text of North Dakota § 15.1-40-16 (School closure and dissolution) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 15.1-40-16 (2026).

Text

If a public charter school intends to close and dissolve, the school shall:

1.Notify the parents or guardians of students of the intent to close and dissolve.

2.Transition students and student records as necessary.

3.Properly distribute the public charter school's assets, first to satisfy outstanding payroll obligations for employees of the public charter school and then to other creditors of the public charter school. If the assets of the public charter school are insufficient to pay creditors, the distribution of assets may be determined by court order.

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If a public charter school intends to close and dissolve, the school shall:
1. Notify the parents or guardians of students of the intent to close and dissolve.
2. Transition students and student records as necessary.
3. Properly distribute the public charter school's assets, first to satisfy outstanding payroll
obligations for employees of the public charter school and then to other creditors of the
public charter school. If the assets of the public charter school are insufficient to pay
creditors, the distribution of assets may be determined by court order.