South Carolina Statutes
§ 59-40-115 — Termination of contract with sponsor.
A charter school may terminate its contract with a sponsor before the ten-year term of contract if all parties under contract with the charter school agree to the dissolution. A charter school that terminates its contract with a sponsor directly may seek application for the length of time remaining on its original contract from another sponsor.
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Legislative History
HISTORY: 2006 Act No. 274, SECTION 1, eff May 3, 2006; 2008 Act No. 239, SECTION 2, eff May 21, 2008; 2014 Act No. 288 (H.3853), SECTION 7, eff June 12, 2014. Effect of Amendment The 2008 amendment substituted "ten-year" for "five-year" in the first sentence. 2014 Act No. 288, SECTION 7, deleted "without review from the Charter School Advisory Committee" from the end of the section.
Nearby Sections
15
§ 59-40-10
Short title.§ 59-40-111
Alternative Education Campus.§ 59-40-115
Termination of contract with sponsor.§ 59-40-120
Dissolution of charter school.§ 59-40-125
Eligibility for retirement coverage.§ 59-40-140
Funds; services; reports.§ 59-40-150
Duties of Department of Education.§ 59-40-160
Compilation of evaluations; impact study.