A charter school may terminate its contract with a sponsor before the ten-year term of contract if all parties under contract with the charter school agree to the dissolution. A charter school that terminates its contract with a sponsor directly may seek application for the length of time remaining on its original contract from another sponsor. Effect of Amendment The 2008 amendment substituted "ten-year" for "five-year" in the first sentence. 2014 Act No. 288, SECTION 7, deleted "without review from the Charter School Advisory Committee" from the end of the section.
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