A bareboat charter is a contractual agreement akin to the lease of a vessel whereby most of the “customary liabilities” of the owner are shifted to the charterer. Some courts have raised concerns over bareboat charters—also referred to as a demise charter—regarding the ability of owners to use
The Act provides that local school systems shall create a strategic plan regarding the future of the school system. The Act further allows local school systems to enter into a five-year contract with the State Board of Education whereby the school is given additional flexibility by being granted a waiver
The Act creates a state-level commission to authorize charter schools and cosponsors these charter schools. If a charter school petition is denied by a local board of education, the petititoner may submit the petition to the commission for approval unless the school would be located in a charter system. Commission