Connecticut General Statutes Title 10. Education and Culture § 10-66mm. Regulations concerning management of charter schools

On or before July 1, 2011, the State Board of Education shall adopt regulations, in accordance with the provisions of chapter 54,   1 to (1) prohibit a charter school and any affiliated charter management organization operating such charter school from sharing board members with other charter schools and such charter management organizations;  (2) require the disclosure of sharing management personnel;  (3) prohibit unsecured, noninterest bearing transfers of state and federal funds between charter schools and from charter schools to charter management organizations;  (4) define allowable direct or indirect costs and the methodology to be used by charter management organizations to calculate per pupil service fees;  and (5) permit charter management organizations to collect private donations for purposes of distributing to charter schools.