[§302A-1189] Charter school reviewal guidelines. The board of education shall adopt guidelines under which new charter schools shall be reviewed by the board, upon their formation under section 302A-1182 or 302A-1183. The guidelines shall include such elements as:

(1) Minimum school size;

(2) Assurance that each school will be able to account for the funds allocated;

(3) Assurance that each school will be held accountable for student performance; and

(4) Assurance that each school will meet legal standards for the expenditure of state funds;

provided that the guidelines provide clear responsibilities for the expenditure of federal and any other non-state funds. [L 2000, c 187, §1]