(A) To assure a coordinated and articulated local delivery of career, technical, and adult basic and adult secondary education and job training, each local technical college commission and local school boards within each service area, as presently established by the State Board for Technical and Comprehensive Education for the various technical colleges, shall enter into memoranda of agreement that must demonstrate the following:

(1) cooperation between the technical college and the career and technology school in the planning and delivery of adult career and technology education;

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(2) articulation of secondary career and technology courses to post- secondary courses in the curricula of the technical colleges;

(3) coordination among local boards, other local community agencies, literacy councils, private and nonprofit groups in planning and delivering adult basic education, adult secondary education, and literacy programs.

(B) A technical college commission or local school board that fails to enter into memoranda of agreement which substantially agrees with the provisions of this chapter within two years of the effective date of this chapter may not receive further state funding for post-secondary or secondary career and technology education until such time as memoranda of agreement that substantially agree with this chapter have been executed.