Section 200-RICR-20-05-5.9 - Withdrawal or Final DissolutionA. Any school district that is a party to a cooperative service agreement may terminate its obligation at the end of any fiscal year by written notice to the Commissioner of Education and to each district in the cooperative providing such notice Is received at least six months before the start of state's next ensuing fiscal year. In the event of either a single district withdrawal or a complete dissolution of the cooperative, the Commissioner of Education is to be notified in writing specifying:1. the reason(s) for the withdrawal or dissolution;2. the effective date of the withdrawal or dissolution;3. those programs and/or services that will be affected;4. the number of positions that will be eliminated due to the withdrawal;5. the effect(s) the withdrawal or dissolution will have on the educational programs and/or services of the participating districts.B. School districts withdrawing from a cooperative service operation must continue to provide such service(s) as required by law and regulation as were provided by the cooperative service arrangement.C. All materials, equipment, and other assets of the cooperative held by the terminating district(s) shall be returned to the cooperative. Upon final dissolution of a cooperative all outstanding obligations must be certified as met in full; all outstanding capital or bonded debts shall be distributed among the participating school districts according to their apportioned financial responsibility of the cooperative service agreement.D. Any federal or state financial aid relative to the cooperative arrangement directly received by the withdrawing district(s) shall be terminated upon the effective date of withdrawal. Furthermore, such funds received in payment for services not rendered at the date of withdrawal, shall be returned to the appropriating federal or state agency.200 R.I. Code R. 200-RICR-20-05-5.9