6 CAR § 243-102 – School eligibility

(a) A public school district with a "D" or "F" school rating according to the most recent results of the school rating system under Arkansas Code § 6-15-2101 et seq., or a school district classified as in need of Level 5 — Intensive support by the State Board of Education, shall be eligible for an exemption from sanctions or action under Arkansas Code §§ 6-15-2915, 6-15-2916, and 6-15-2917 and qualify for funding provided under Arkansas Code § 6-15-3203 and 6 CAR § 243-105(d) of this part if the public school district board of directors enters into a school transformation contract to operate a transformation campus with:
1. (1) The governing body of an open-enrollment public charter school; or
2. (2) Another entity approved by the state board.
(b) Nothing in this part shall prohibit a public school or open-enrollment public charter school who does not meet the criteria in subsection (a) of this section from entering into a third-party management contract with a transformation campus operator to provide education services to the public school or open-enrollment public charter school.