(a) Any school district or open-enrollment public charter school that does not follow the provisions of this subchapter shall be placed in fiscal distress as provided by law.
(b) Any education service cooperative that does not follow the provisions of this subchapter shall be sanctioned by the State Board of Education.
Structure Arkansas Code
Subtitle 2 - Elementary and Secondary Education Generally
Subchapter 22 - Arkansas Educational Financial Accounting and Reporting Act of 2004
§ 6-20-2202. Budget and expenditure report
§ 6-20-2203. Uniform budget and accounting system required
§ 6-20-2204. Required training
§ 6-20-2206. Miscellaneous provisions
§ 6-20-2207. Rulemaking authority