Or. Admin. Code § 581-030-5100 - Assets of Approved Recovery Schools
(1) Assets of a terminated or closed approved
recovery school that were obtained with public funds received because of the
school's status as an approved recovery school will be given to the Oregon
Department of Education. The Oregon Department of Education, at its discretion,
may disburse these assets to ESDs, school districts or other public schools.
The Department of Education will:
(a)
Determine the form, process, and timelines for the disbursement;
(b) Determine the records required for the
disbursement; and
(c) Require the
approved recovery school to respond to written or oral inquiries related to the
closure and assets of the approved recovery school.
(2) Assets of a terminated or closed approved
recovery school that were obtained with grant funds will be disbursed according
to the terms of the grant. If the grant is absent any reference to ownership or
distribution of assets, assets of a terminated or closed approved recovery
school will be disbursed according to the provision set out in subsection (a)
of this rule.
Notes
Statutory/Other Authority: ORS 336.680
Statutes/Other Implemented: ORS 336.680
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