Ariz. Admin. Code § 7-5-606

Current through Register Vol. 30, No. 50, December 13, 2024

Section R7-5-606 - Consent Agreement

A. If the Board determines that a charter holder is not in compliance with its charter, other contractual agreements with the Board, federal or state law, or this Chapter, the Board may enter into a consent agreement with the charter holder to resolve the noncompliance.

B. The Board shall include the following in a consent agreement:

1. The reason for the consent agreement;

2. The facts and conditions to which the Board and charter holder agreed;

3. The actions the charter holder must take to demonstrate compliance and avoid further charter oversight;

4. The time within which the charter holder is to complete the actions specified under subsection (B)(3); and

5. After approval by both the Board and charter holder, the signatures of both the Board president and charter representative.

Ariz. Admin. Code § R7-5-606

New section made by final rulemaking at 23 A.A.R. 693, effective 5/6/2017.