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.
S.C. Code Ann. § 59-40-115
Termination of contract with sponsor
Known as the South Carolina Charter Schools Act
The act spans §§ 59–59 (34 sections).
2006 Act No. 274, SECTION 1, eff May 3, 2006; 2008 Act No. 239, SECTION 2, eff May 21, 2008; 2014 Act No. 288 (H.3853), SECTION 7, eff June 12, 2014.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.