Browse Arkansas Code titles and sections
19-5-1251. Open-Enrollment Public Charter School Facilities Loan Fund.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-5-1251. Open-Enrollment Public Charter School Facilities Loan Fund.
(a) There is created on the books of the Treasurer of State, the Auditor of the State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Open-Enrollment Public Charter School Facilities Loan Fund”.
(b) The fund shall consist of:
(1) General revenues as may be authorized by law;
(2) Grants received by the Division of Public School Academic Facilities and Transportation for the purpose of providing open-enrollment public charter school facilities assistance, including grants from the United States Department of Education;
(3) Donations or bequests received by the division for the purpose of starting, augmenting, or replenishing the fund;
(4) Revenues received from open-enrollment public charter schools for the repayment of a loan granted under the Open-Enrollment Public Charter School Facilities Loan Fund program; and
(5) Other revenues as may be provided by law.
(c) The fund shall be used for distributing loans to open-enrollment public charter schools for the purposes of the construction, lease, or purchase of an academic facility, the repair, improvement, or addition to an academic facility, and enhancing credit for financing purposes under § 6-23-701 et seq., and as may be otherwise provided by law.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-1251
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:19-5-1251
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 35ec8fc7abca3829f62976154ed288df437bfc1c03947ddbe3e12f96b681ab12
Source location: content.xml paragraph 10016
Stored source content
19-5-1251. Open-Enrollment Public Charter School Facilities Loan Fund.
(a) There is created on the books of the Treasurer of State, the Auditor of the State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Open-Enrollment Public Charter School Facilities Loan Fund”.
(b) The fund shall consist of:
(1) General revenues as may be authorized by law;
(2) Grants received by the Division of Public School Academic Facilities and Transportation for the purpose of providing open-enrollment public charter school facilities assistance, including grants from the United States Department of Education;
(3) Donations or bequests received by the division for the purpose of starting, augmenting, or replenishing the fund;
(4) Revenues received from open-enrollment public charter schools for the repayment of a loan granted under the Open-Enrollment Public Charter School Facilities Loan Fund program; and
(5) Other revenues as may be provided by law.
(c) The fund shall be used for distributing loans to open-enrollment public charter schools for the purposes of the construction, lease, or purchase of an academic facility, the repair, improvement, or addition to an academic facility, and enhancing credit for financing purposes under § 6-23-701 et seq., and as may be otherwise provided by law.
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Arkansas Code — all titles (historical 2020) · legal_authorities
6-23-701. Designated public charter authorizer.
(a) The Division of Elementary and Secondary Education is the designated public charter authorizer with jurisdiction and authority over all public charters issued in this state to take the following action on a proposed or established public charter:
(1) Approve;
(2) Reject;
(3) Renew;
(4) Nonrenew;
(5) Place on probation;
(6) Modify;
(7) Revoke;
(8) Deny;
(9) Transfer; or
(10) Assign.
(b)(1) The division shall exercise authority over public charter schools under this chapter through a public charter authorizing panel established within the division.
(2)(A) The Commissioner of Elementary and Secondary Education shall appoint a public charter authorizing panel that may consist of individuals from outside the division as well as professional staff employed at the division to serve at the pleasure of the commissioner.
(B) The commissioner may elect to serve as a member on the charter authorizing panel as the chair.
(3) The public charter authorizing panel is composed of an odd number of members and consists of no less than five (5) members and no more than eleven (11) members.
(c) The division may waive provisions of this title or State Board of Education rules as allowed by law for public charters.
(d)(1) The division shall conduct all hearings on public charter school matters as required by law, rule, and process and make final determinations as allowed by law.
(2)(A) A hearing under this chapter conducted by the division shall be an open meeting under § 25-19-106.
(B) For the purposes of § 25-19-106, the members of the public charter authorizing panel shall be considered a governing body only in regard to actions specifically authorized by this subchapter.
(3)(A) All decisions of the
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-23-701
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 6-23-701. This identifies an authority to review, not proof of applicability.