TITLE 16
Education
CHAPTER 16-92
Interstate Compact on Educational Opportunity for Military Children
SECTION 16-92-17
§ 16-92-17 Withdrawal and dissolution.
(a) Withdrawal.
(1) Once effective, the compact shall continue in force and
remain binding upon each and every member state; provided that a member state
may withdraw from the compact by specifically repealing the statute, which
enacted the compact into law.
(2) Withdrawal from this compact shall be by the enactment of
a statute repealing the same, but shall not take effect until one year after
the effective date of such statute and until written notice of the withdrawal
has been given by the withdrawing state to the governor of each other member
jurisdiction.
(3) The withdrawing state shall immediately notify the
chairperson of the interstate commission in writing upon the introduction of
legislation repealing this compact in the withdrawing state. The interstate
commission shall notify the other member states of the withdrawing state's
intent to withdraw within sixty (60) days of its receipt thereof.
(4) The withdrawing state is responsible for all assessments,
obligations and liabilities incurred through the effective date of withdrawal,
including obligations, the performance of which extend beyond the effective
date of withdrawal.
(5) Reinstatement following withdrawal of a member state
shall occur upon the withdrawing state reenacting the compact or upon such
later date as determined by the interstate commission.
(b) Dissolution of compact.
(1) This compact shall dissolve effective upon the date of
the withdrawal or default of the member state which reduces the membership in
the compact to one member state.
(2) Upon the dissolution of this compact, the compact becomes
null and void and shall be of no further force or effect, and the business and
affairs of the interstate commission shall be concluded and surplus funds shall
be distributed in accordance with the bylaws.
History of Section.
(P.L. 2010, ch. 100, § 1; P.L. 2010, ch. 106, § 1.)
