Sec. 7. An entity may relinquish its authorizer status by providing the state board a written statement describing the authorizer’s intention not to be considered an authorizer and the reasons why the authorizer wishes to relinquish its authorizer status. The written statement must reflect the intention of the authorizer’s governing body. The state board shall review and act on the authorizer’s written statement and shall take all steps necessary to decommission the authorizer, including overseeing the orderly winding up of authorization activities, and ensuring the transfer of any charter school records or administrative fee balances due under IC 20-24-7-4 in the authorizer’s custody.

As added by P.L.280-2013, SEC.18.