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Ark. Code Ann. § 6-20-1902

Purpose

Applied in 1 court decision — leading case Fitzgiven v. Dorey (2013)

Most recently applied in Fitzgiven v. Dorey (September 2013)

Acts 2003, No. 1467, § 18; 2019, No. 910, § 1627; 2019, No. 929, § 1.

The purpose of this subchapter shall be to improve Arkansas public school districts' financial practices and use of resources by establishing a:

(1) System by which the Division of Elementary and Secondary Education shall review the financial management practices of public school districts, including without limitation identifying best financial management practices;

(2) Program by which the division shall identify, assess, and address public school districts in any phase of fiscal distress that includes without limitation identification of early indicators of fiscal distress and early intervention in public school districts that experience early indicators of fiscal distress; and

(3) System for providing continuous fiscal support and monitoring to public school districts that have been returned to local control after being identified as in fiscal distress.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.