Section 12.027 - Basis for Placement on Probation or Revocation of Charter(a) The State Board of Education may place on probation or revoke a home-rule school district charter of a school district if the board determines that the district: (1) committed a material violation of the charter, including by failure to comply with the duty to discharge or refuse to hire certain employees or applicants for employment, as provided by Section 12.0271;(2) failed to satisfy generally accepted accounting standards of fiscal management; or(3) failed to comply with this subchapter or other applicable federal or state law or rule.(b) The action the board takes under Subsection (a) shall be based on the best interest of district students, the severity of the violation, and any previous violation the district has committed.(c) A district whose home-rule school district charter is revoked or rescinded under this subchapter shall operate under the other provisions of Title 1 and this title that apply to school districts.Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 943,Sec. 2A.001, eff. 9/1/2019.Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. 5/30/1995.