This bill introduces a new chapter in Title 15.1 of the North Dakota Century Code, dedicated to the establishment and regulation of public charter schools. It defines key terms such as "at-risk student," "charter performance agreement," and "public charter school," establishing that these institutions are part of the state's public education system and must adhere to specific operational and performance standards outlined in their charter agreements. The bill emphasizes the importance of providing educational programs that meet state standards, particularly for at-risk populations, and outlines the responsibilities of the superintendent of public instruction in evaluating charter applications, monitoring performance, and reporting to legislative management.

Furthermore, the legislation details the framework for charter performance agreements, which must be executed within sixty days of application approval and include academic, operational, and fiscal performance expectations. It specifies that public charter schools cannot begin operations without a signed agreement and outlines the terms for the agreement, including a five-year initial term and processes for renewal or revocation. The bill also addresses the closure and dissolution of charter schools, ensuring proper communication with parents and the management of student records, while providing guidelines for financial oversight and facility use. Overall, the bill aims to create a structured and accountable environment for public charter schools in North Dakota.