When an operator or management company purchases furniture, computers, software, equipment, or other personal property for use in the operation of a community school under this chapter with state funds that were paid to the operator or management company by the community school as payment for services rendered, such property is property of that school and is not property of the operator or management company.
When a community school permanently closes and ceases its operation as a community school, any property that was acquired by the operator or management company of the school in the manner described in this section shall be distributed in accordance with division (E) of section 3314.015 and section 3314.074 of the Revised Code.
Added by 131st General Assembly File No. TBD, HB 2, ยง1, eff. 2/1/2016.
Section: Previous 3314.025 3314.026 3314.027 3314.027-2 3314.028 3314.029 3314.029-2 3314.0210 3314.03 3314.03-2 3314.031 3314.032 3314.033 3314.034 3314.035 NextLast modified: October 10, 2016