- (1) A charter school may transfer to another charter school authorizer.
- (2) A charter school shall submit an application to the new charter school authorizer at least 90 days before the proposed transfer.
(3) The charter school authorizer transfer application shall include:
- (a) the name and contact information of all current governing board members;
(b) financial records that demonstrate the charter school's financial position, including the following:
- (i) most recent annual financial report (AFR);
- (ii) annual program report (APR); and
- (iii) audited financial statements;
- (c) test scores, including all state required assessments;
- (d) current employees and assignments;
- (e) board minutes for the most recent 12 months; and
(f) affidavits, signed by all board members certifying:
- (i) the charter school's compliance with all state and federal laws and regulations, including documentation if requested;
- (ii) all information on the transfer application is complete and accurate;
- (iii) the charter school is current with all required charter school governing board policies;
- (iv) the charter school is operating consistent with the charter school's charter agreement; and
- (v) there are no outstanding lawsuits, judgments, or liens against the charter school.
(4) The current authorizer of a charter school seeking to transfer charter school authorizers shall submit a position statement to the new charter school authorizer about:
- (a) the charter school's status;
- (b) compliance with the charter school authorizer requirements; and
- (c) unresolved concerns.
- (5) If a school applies to change authorizer's, the existing authorizer shall advise the proposed authorizer if there is any outstanding debt to the existing authorizer or the state.
- (6) If a school applies to change authorizers, the request shall extend to all satellite schools.
- (7) A new charter school authorizer shall review an application for transferring to another charter school authorizer within 60 days of submission of a complete application, including all required documentation.
- (8) Before accepting a charter school's transfer from another authorizer, the new authorizer shall request and consider information from the Board and current authorizer concerning the charter school's financial and academic performance.
- (9) The Superintendent and current authorizer shall provide the information described in Subsection (7) to a new charter authorizer within 30 days of request described in Subsection (7).
- (10) If an authorizer accepts the transfer of a charter school, the new authorizer shall notify the Superintendent within 30 days.
KEY: training, timelines, expansion, satellite
Date of Last Change: November 7, 2023
Notice of Continuation: July 13, 2023
Authorizing, and Implemented or Interpreted Law: Art X Sec 3; 53E-3-401; 53G-5-205; 53F-2-702; 53G-6-503