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§16-92-17  Withdrawal and dissolution. –

Published: 2015

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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


   (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.)