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Introduced Senate Bill (S)

DIGEST

Financial guarantees for charter schools. Requires each organizer and authorizer of a virtual charter school to submit to the state board of education a surety bond or other form of financial guarantee. Establishes consequences if an organizer or authorizer fails to submit the required surety bond or other form of financial guarantee. Financial guarantees for charter schools. Requires each organizer and authorizer of a virtual charter school to submit to the state board of education a surety bond or other form of financial guarantee. Establishes consequences if an organizer or authorizer fails to submit the required surety bond or other form of financial guarantee.