Each science, technology, engineering, and mathematics school established under this chapter is a public school, is part of the state‘s program of education, may contract for any services necessary for the operation of the school, and may continue in operation for as long as the school is in compliance with the provisions of this chapter and with the proposal for its establishment as approved by the STEM committee. If the school closes for any reason, its assets shall be distributed in the manner provided in the proposal for its establishment as required by division (C)(11) of section 3326.03 of the Revised Code.

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Terms Used In Ohio Code 3326.07

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • state: means the state of Ohio. See Ohio Code 1.59
  • STEM: is a n abbreviation of "science, technology, engineering, and mathematics. See Ohio Code 3326.01

Last updated August 11, 2021 at 4:05 PM