§ 38–1802.13b. Eligible chartering authority closure powers after voluntary charter relinquishment.

(a) If a public charter school voluntarily relinquishes its charter, the eligible chartering authority may manage the school directly until alternative arrangements can be made for students at the school.

(b) If a public charter school voluntarily relinquishes its charter, the eligible chartering authority also may impose such interim conditions as it determines reasonably necessary to safeguard public funds, ensure positive outcomes for students, or provide for efficient dissolution and asset distribution pursuant to § 38-1802.13a.