Utah Administrative Code (Current through November 1, 2019) |
R277. Education, Administration |
R277-480. Charter School Revolving Account |
R277-480-1. Authority and Purpose
Latest version.
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(1) This rule is authorized by:
(a) Utah Constitution Article X, Section 3, which vests general control and supervision over public education in the Board;
(b) Subsection 53E-3-401(4), which allows the Board to adopt rules to execute the Board's duties and responsibilities under the Utah Constitution and state law; and
(c) Subsection 53F-9-203(2)(b), which requires the Board to administer the Charter School Revolving Account.
(2) The purpose of this rule is to:
(a) establish procedures for administering the Charter School Revolving Account;
(b) determine membership of the Charter School Revolving Account Committee; and
(c) determine loan amounts and loan repayment conditions.