Ark. Code § 6-13-1022

Current with legislation from 2024 effective through May 3, 2024.
Section 6-13-1022 - Dissolution of education service cooperative
(a) After 1990, the State Board of Education shall be authorized to dissolve any education service cooperative upon the request of a majority of its school district boards of directors or upon the recommendation of the evaluation committee provided for in § 6-13-1021.
(b) A dissolved education service cooperative's area shall be assigned to one (1) or more adjacent education service cooperatives, the provisions of § 6-13-1003 notwithstanding, with the dissolved education service cooperative's base funding apportioned to all remaining education service cooperatives in the state.
(c) After payment of debts, the assets of a dissolved education service cooperative shall be distributed to the school districts in its service area based on each school district's three-quarter average daily membership for the immediately preceding school year.

Ark. Code § 6-13-1022

Amended by Act 2015, No. 846,§ 5, eff. 7/22/2015.
Acts 1985, No. 349, § 6; A.S.A. 1947, § 80-489.5; Acts 2005, No. 1181, § 2.