§302D-28.5 Financial insolvency. (a) In the event that any public charter school becomes financially insolvent, the school shall be deemed to have surrendered its charter. For purposes of this section, a school shall be determined to be financially insolvent when it is unable to pay its staff when payroll is due.
(b) In the event that any public charter school becomes financially insolvent, the authorizer shall adopt a closure protocol as described under section 302D-19(a). [L 2015, c 110, §1]
Structure Hawaii Revised Statutes
302D-3 State public charter school commission; establishment; appointment.
302D-4 Chartering authority application for eligible entities.
302D-5 Authorizer powers, duties, and liabilities.
302D-6 Principles and standards for charter authorizing.
302D-9 Exclusivity of authorizing functions and rights.
302D-10 Services purchased from authorizer; itemized accounting.
302D-11 Oversight of public charter school authorizers.
302D-12 Charter school governing boards; powers and duties.
302D-13 Start-up and conversion charter schools; establishment.
302D-14.5 Approved charter applications; start-up period; pre-opening charter schools.
302D-15 Appeals; charter applications, renewals, or revocations.
302D-16 Performance framework.
302D-17 Ongoing oversight and corrective actions.
302D-18 Renewals, revocations, and nonrenewals.
302D-19 School closure and dissolution.
302D-23 Minimum educational data reporting standards.
302D-24 Occupancy and use of facilities of department schools.
302D-25 Applicability of state laws.
302D-26 Civil service status; employee rights.
302D-27 Administration of workers' compensation.
302D-28.5 Financial insolvency.
302D-29 Weighted student formula
302D-30 Responsibilities of the department; special education services.
302D-33 Criminal history record checks.
302D-35 Use of vacant department facilities.
302D-36 Youth suicide awareness and prevention protocol.
302D-37 Standardized assessment for students entering kindergarten.
302D-38 Prior early learning programs attendance disclosure.
302D-39 Public early learning and preschool programs; administrative authority.