1. (a) If an authorizer determines that:

   1. (1) an organizer is failing to comply with the conditions or procedures established in the charter;
   2. (2) a charter school established by the organizer is failing to meet the educational goals set forth in the charter;
   3. (3) an organizer is failing to comply with all applicable federal and state laws;
   4. (4) an organizer fails to meet generally accepted fiscal management and government accounting principles; or

   5. (5) one (1) or more grounds for revocation exist as specified in the charter;

      the authorizer shall notify the governing board of the organizer of the charter school in writing and give the organizer a reasonable time to remedy the deficiency.

2. (b) If the organizer does not remedy the deficiency within the timeline established by the authorizer, the authorizer may:

   1. (1) order any corrective action that the authorizer considers necessary to correct the deficiency; or

   2. (2) revoke the school's charter.

      [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5.5-9-4.]

As added by P.L.1-2005, SEC.8. Amended by P.L.280-2013, SEC.49; P.L.250-2017, SEC.22.