Okla. Stat. tit. 70, § 70-5-200
This is the official text of Okla. Stat. tit. 70, § 70-5-200, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Contracting with an educational management organization
Official statutory text
– Disclosure of financial details – Binding contracts with teachers
and board of education.
A. As used in this section, “educational management
organization” means a for-profit or nonprofit organization that
receives public funds to provide administration and management
services for a charter school, statewide virtual charter school, or
traditional public school.
B. A charter school, virtual charter school, or public school
that contracts with an educational management organization shall use
the Oklahoma Cost Accounting System (OCAS) to report the total
amount paid to an educational management organization pursuant to
the terms of the contract as well as actual itemized expenditure
information for the goods or services provided by the management
organization as defined by OCAS expenditure codes including the
total compensation package of the superintendent including the base
salary, insurance, retirement, and other fringe benefits.
C. Pursuant to Internal Revenue Service guidelines, any owner
of an educational management organization shall be required to
disclose to the governing board of the school, charter school, or
virtual charter school in a public meeting any ownership position in
any business that contracts or proposes to contract with the same
school that the educational management organization is managing.
D. Whenever any person shall enter into a contract with any
school district, public charter school, or virtual charter school in
the state to teach in the school, the contract shall be binding on
the teacher and on the board of education until the teacher legally
has been discharged from the teaching position or released by the
board of education from the contract. Except as provided in Section
5-106A of this title, until the teacher has been thus discharged or
released, the teacher shall not have authority to enter into a
contract with any other board of education in this state for the
Oklahoma Statutes - Title 70. Schools Page 334
same time covered by the original contract. If upon written
complaint by the board of education of a school district, public
charter school, or virtual charter school any teacher is reported to
have failed to obey the terms of the contract previously made and to
have entered into a contract with another board of education without
having been released from the former contract except as provided in
Section 5-106A of this title, the teacher, upon being found to be
employed full-time for another public school at a hearing held
before the State Board of Education, shall have such teacher’s
certificate suspended for the remainder of the term for which the
contract was made.
and board of education.
A. As used in this section, “educational management
organization” means a for-profit or nonprofit organization that
receives public funds to provide administration and management
services for a charter school, statewide virtual charter school, or
traditional public school.
B. A charter school, virtual charter school, or public school
that contracts with an educational management organization shall use
the Oklahoma Cost Accounting System (OCAS) to report the total
amount paid to an educational management organization pursuant to
the terms of the contract as well as actual itemized expenditure
information for the goods or services provided by the management
organization as defined by OCAS expenditure codes including the
total compensation package of the superintendent including the base
salary, insurance, retirement, and other fringe benefits.
C. Pursuant to Internal Revenue Service guidelines, any owner
of an educational management organization shall be required to
disclose to the governing board of the school, charter school, or
virtual charter school in a public meeting any ownership position in
any business that contracts or proposes to contract with the same
school that the educational management organization is managing.
D. Whenever any person shall enter into a contract with any
school district, public charter school, or virtual charter school in
the state to teach in the school, the contract shall be binding on
the teacher and on the board of education until the teacher legally
has been discharged from the teaching position or released by the
board of education from the contract. Except as provided in Section
5-106A of this title, until the teacher has been thus discharged or
released, the teacher shall not have authority to enter into a
contract with any other board of education in this state for the
Oklahoma Statutes - Title 70. Schools Page 334
same time covered by the original contract. If upon written
complaint by the board of education of a school district, public
charter school, or virtual charter school any teacher is reported to
have failed to obey the terms of the contract previously made and to
have entered into a contract with another board of education without
having been released from the former contract except as provided in
Section 5-106A of this title, the teacher, upon being found to be
employed full-time for another public school at a hearing held
before the State Board of Education, shall have such teacher’s
certificate suspended for the remainder of the term for which the
contract was made.
Status: in_force · Read it on the official government site
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