An LEA shall establish a transparent and uniform method of calculating all terms and costs related to any lease, lease-purchase agreement, or other contract or agreement executed between the LEA and a charter school for the use of the LEA's educational facilities. The LEA shall retain and make available for audit, by the department of education, all records and any supporting documentation related to the execution of such a lease or agreement.
Tenn. Code Ann. § 49-13-135
Method of calculating all terms and costs related to lease, lease-purchase agreement, or other contract or agreement between LEA and charter school
Known as the Tennessee Public Charter Schools Act
The act spans §§ 49–49 (45 sections).
Acts 2011, ch. 465, § 2.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.