California Education Code

§ 47604.5

EDC § 47604.5 Effective Jan 1, 2020Div. 4 · Title 2 · Part 26.8 · Ch. 1

Statute text

The state board may, based upon the recommendation of the Superintendent, take appropriate action, including, but not limited to, revocation of the charter school’s charter, when the state board finds any of the following:

(a)Gross financial mismanagement that jeopardizes the financial stability of the charter school.

(b)Illegal or substantially improper use of charter school funds for the personal benefit of any officer, director, or fiduciary of the charter school.

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Legislative history

Amended by Stats. 2019, Ch. 486, Sec. 1. (AB 1505) Effective January 1, 2020. Operative July 1, 2020, pursuant to Sec. 18 of Stats. 2019, Ch. 486.