2.__Termination.__During the term of the charter agreement or during the 5-year renewal review pursuant to subsection 1, the chartering authority may act to terminate the agreement on any of the following grounds:

ii.A.__Failure to meet the requirements for student performance stated in the agreement;

iii.B.__Failure to meet generally accepted standards of iv.fiscal management;

v.C.__Violation of laws; or

vi.D.__Other good cause shown.

A termination is effective only at the end of a school year, unless continued operation of the charter school presents a clear and immediate threat to health and safety of students or personnel.

3.__Notice of termination.__At least 60 days before terminating a charter, the chartering authority__shall notify the board of trustees of the charter school of the proposed action in writing.__The notice must state the grounds for the proposed action in reasonable detail and that the charter school board of trustees may request in writing an informal hearing before the chartering authority within 14 days of receiving the notice.

4.__Appeal.__The charter school may appeal the chartering authority's decision to terminate the charter to the commissioner for review of procedural issues.

5.__Dissolution of charter school.__When a charter is terminated, the charter school must dispose of its assets according to a plan agreed upon with its chartering authority.

6.__Disposition of students upon dissolution.__If an agreement is terminated, the charter school staff shall assist its students to find other appropriate education placements.

§2418.__Teachers

1.__Selection.__The charter school shall select its teachers.

2.__Certification.__At least 50% of the teaching staff of a charter school must hold an appropriate teaching certificate and must meet the highly qualified standards for teachers in