Texas Administrative Code
Title 19 - EDUCATION
Part 2 - TEXAS EDUCATION AGENCY
Chapter 100 - CHARTERS
Subchapter AA - COMMISSIONER'S RULES CONCERNING OPEN-ENROLLMENT CHARTER SCHOOLS
Division 3 - CHARTER SCHOOL FUNDING AND FINANCIAL OPERATIONS
Section 100.1052 - Final Audit Upon Revocation, Surrender, or Closure of an Open-Enrollment Charter
Universal Citation: 19 TX Admin Code ยง 100.1052
Current through Reg. 49, No. 38; September 20, 2024
(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.
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