A. The commission shall authorize the approval of start-up charter schools.
B. No more than fifteen start-up schools may be established per year statewide. The number of charter school slots remaining in that year shall be transferred to succeeding years up to a maximum of seventy-five start-up schools in any five-year period.
History: Laws 1999, ch. 281, § 11; 2006, ch. 94, § 38.
ANNOTATIONSCross references. — For transfer of powers and duties of former state board of education, see 9-24-15 NMSA 1978.
The 2006 amendment, effective July 1, 2007, in Subsection A, changed "local school boards" to "commission" and in Subsection B, deleted the references to conversion schools and the provision that the state board notify the local school board when the limits set in this section are reached.