R277-480-1. Authority and Purpose  


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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.