CHAPTER 4. THE CHARTER
IC 20-24-4
Chapter 4. The Charter
IC 20-24-4-1
Charter requirements
Sec. 1. A charter must meet the following requirements:
(1) Be a written instrument.
(2) Be executed by a sponsor and an organizer.
(3) Confer certain rights, franchises, privileges, and obligations
on a charter school.
(4) Confirm the status of a charter school as a public school.
(5) Be granted for:
(A) not less than three (3) years; and
(B) a fixed number of years agreed to by the sponsor and the
organizer.
(6) Provide for:
(A) a review by the sponsor of the charter school's
performance, including the progress of the charter school in
achieving the academic goals set forth in the charter, at least
one (1) time in each five (5) year period while the charter is
in effect; and
(B) renewal, if the sponsor and the organizer agree to renew
the charter.
(7) Specify the grounds for the sponsor to:
(A) revoke the charter before the end of the term for which
the charter is granted; or
(B) not renew a charter.
(8) Set forth the methods by which the charter school will be
held accountable for achieving the educational mission and
goals of the charter school, including the following:
(A) Evidence of improvement in:
(i) assessment measures, including the ISTEP program and
the graduation examination;
(ii) attendance rates;
(iii) graduation rates (if appropriate);
(iv) increased numbers of Core 40 diplomas (if
appropriate); and
(v) increased numbers of academic honors diplomas (if
appropriate).
(B) Evidence of progress toward reaching the educational
goals set by the organizer.
(9) Describe the method to be used to monitor the charter
school's:
(A) compliance with applicable law; and
(B) performance in meeting targeted educational
performance.
(10) Specify that the sponsor and the organizer may amend the
charter during the term of the charter by mutual consent and
describe the process for amending the charter.
(11) Describe specific operating requirements, including all the
matters set forth in the application for the charter.
(12) Specify a date when the charter school will:
(A) begin school operations; and
(B) have students attending the charter school.
(13) Specify that records of a charter school relating to the
school's operation and charter are subject to inspection and
copying to the same extent that records of a public school are
subject to inspection and copying under IC 5-14-3.
(14) Specify that records provided by the charter school to the
department or sponsor that relate to compliance by the
organizer with the terms of the charter or applicable state or
federal laws are subject to inspection and copying in
accordance with IC 5-14-3.
(15) Specify that the charter school is subject to the
requirements of IC 5-14-1.5.
As added by P.L.1-2005, SEC.8.