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TITLE 19EDUCATION
PART 2TEXAS EDUCATION AGENCY
CHAPTER 100CHARTERS
SUBCHAPTER AACOMMISSIONER'S RULES CONCERNING OPEN-ENROLLMENT CHARTER SCHOOLS
DIVISION 3CHARTER SCHOOL FUNDING AND FINANCIAL OPERATIONS
RULE §100.1052Final Audit Upon Revocation, Surrender, or Closure of an Open-Enrollment Charter

(a) Upon closure of a charter, the charter holder governing board must at their expense conduct a final audit.

(b) The commissioner of education will assign a conservator to oversee the winding down of charter operations, protection of school assets, and recovery of any overallocation of state funds.

(c) Revocation, surrender, or closure of a charter does not terminate the authority of the commissioner over the charter holder to ensure compliance of this section or applicable laws.


Source Note: The provisions of this §100.1052 adopted to be effective September 18, 2014, 39 TexReg 7295

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