Code of Massachusetts Regulations
603 CMR - DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION
Title 603 CMR 50.00 - Education Collaboratives Regulations
Section 50.11 - Dissolution
Universal Citation: 603 MA Code of Regs 603.50
Current through Register 1537, December 20, 2024
(1) Voluntary Termination. A collaborative may dissolve the collaborative in accordance with the procedures set forth in the collaborative agreement.
(2) Termination Procedures. In all instances of termination, the collaborative must:
(a)
Submit the following information to the Department:
1. A process for determining the appropriate
disposition of federal/state funds, equipment, and supplies;
2. Identification of the member district(s)
responsible for maintaining all fiscal records upon termination of the
collaborative;
3. Identification of
the member district(s) responsible for maintaining student, employee, and
program records upon termination of the collaborative;
4. The plans of the member districts to
accommodate the programs and services formerly provided by the educational
collaborative;
5. A process for
ensuring the secure disposal of all electronic items used by or containing
confidential or personally identifiable student and personnel information prior
to sale, disposal or donation of such items.
6. A process for determining the appropriate
disposition of all assets of the collaborative, including capital property
owned by the educational collaborative;
7. A process for meeting all liabilities of
the collaborative, including obligations for post-employment
benefits;
8. Copies of the minutes
of the meetings of the board of directors and the member districts' recording
of the vote to terminate the collaborative;
9. The effective date of the termination;
and
10. A copy of the final audit
of the collaborative, including an accounting of assets and liabilities of the
collaborative and the disposition of same.
(b) Comply with the closing procedures
established by the Department in guidelines.
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