South Carolina § 59-40-115 - Termination of contract with sponsor.
Full text of South Carolina South Carolina Code of Laws § 59-40-115 — Termination of contract with sponsor., with citation guidance and answers to common questions.
§ 59-40-115. Termination of contract with sponsor.
A charter school may terminate its contract with a sponsor before the ten-year term of contract if all parties under contract with the charter school agree to the dissolution. A charter school that terminates its contract with a sponsor directly may seek application for the length of time remaining on its original contract from another sponsor.
HISTORY: 2006 Act No. 274, SECTION 1, eff May 3, 2006; 2008 Act No. 239, SECTION 2, eff May 21, 2008; 2014 Act No. 288 (H.3853), SECTION 7, eff June 12, 2014.
Effect of Amendment
The 2008 amendment substituted "ten-year" for "five-year" in the first sentence.
2014 Act No. 288, SECTION 7, deleted "without review from the Charter School Advisory Committee" from the end of the section.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 59-40-115
What does South Carolina Code of Laws § 59-40-115 cover?
Section 59-40-115 ("Termination of contract with sponsor.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 59-40-115?
A common citation format is "South Carolina Code of Laws § 59-40-115" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 59-40-115 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.