Chapter 4 - § 4.30 • CHARTER SCHOOLS

• Jurisdiction: Colorado

§ 4.30 • CHARTER SCHOOLS

§ 4.30.1—Organization of Charter Schools

A charter school may be organized as a nonprofit corporation or as some other entity "administered and governed by a governing body in a manner agreed to by the charter school applicant and the chartering local board of education."⁴⁹⁷ A charter for an independent charter school may be granted to an applicant including but not limited to an individual, a group of individuals, a non-profit corporation, a for-profit corporation, an existing public school, a school district, or an institution of higher learning.⁴⁹⁸ An institute charter school may be organized as a nonprofit corporation or as some other entity "administered and governed by a governing body in a manner agreed to and set forth in the charter contract."⁴⁹⁹

§ 4.30.2—Power to Acquire and Hold Real Property

A charter school or an institute charter school has the power to acquire and hold real property, at least to the extent that, if it is operating in a school district building, it may purchase from the school district the building and the grounds on which the building is located.⁵⁰⁰ Apparently, a charter school has the power to acquire real property by lease.⁵⁰¹

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Notes:

^[497] C.R.S. § 22-30.5-104(4).

^[498] C.R.S. § 22-30.5-302(1).

^[499] C.R.S. § 22-30.5-507(4).

^[500] C.R.S. § 22-30.5-104.

^[501] See C.R.S. § 22-30.5-104(4.5).