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20-24-4-1.5. Authorization; organizer with terminated or non-renewed charter; approval by state board

IN Code § 20-24-4-1.5 (2019) (N/A)
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Sec. 1.5. (a) Before an authorizer may issue a charter to an organizer that has had its charter terminated or has been informed that its charter will not be renewed by the organizer's current authorizer, the authorizer must request to have the proposal reviewed by the state board at a hearing. The state board shall conduct a hearing in which the authorizer must present information indicating that the organizer's proposal is substantively different in the areas of deficiency identified by the current authorizer from the organizer's current proposal as set forth within the charter with its current authorizer.

(b) After the state board conducts a hearing under subsection (a), the state board shall either approve or deny the proposal. If the proposal is denied by the state board, the authorizer may not issue a charter to the organizer.

As added by P.L.280-2013, SEC.37.

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20-24-4-1.5. Authorization; organizer with terminated or non-renewed charter; approval by state board