Cal. Code Regs. tit. 5, § 71390
(c) The application for Approval to Operate for an Accredited Institution shall include the following:
(3) The name, title and address of each person, as defined in section 94855 of the Code, who owns or controls 25% or more of the stock or an interest in the institution. The name, title and address of each general partner, officer, corporate director, member of the board of directors, and any other person who exercises substantial control over the institution's management or policies. For the purpose of this paragraph, a person exercises “substantial control over the institution's management or policies” if the person has the authority to cause the institution to expend money or incur debt in the amount of five thousand dollars ($5,000) or more in any year.
(d) The application shall be signed with original or digital signature and dated, and each fact stated therein and each attachment thereto shall be declared to be true under penalty of perjury, as follows:
(1) Signatories:
(2) The declaration shall be in the following form:
“I declare under penalty of perjury under the laws of the State of California that the foregoing and all attachments are true and correct.
(Date)
(Signature)”
Note: Authority cited: Sections 94803, 94877 and 94888, Education Code. Reference: Section 94890, Education Code.
1. New article 2 (section 71390) and section filed 2-1-2010 as an emergency; operative 2-1-2010 (Register 2010, No. 6). A Certificate of Compliance must be transmitted to OAL by 8-2-2010 or emergency language will be repealed by operation of law on the following day.
2. New article 2 (section 71390) and section refiled with amendments 7-30-2010 as an emergency; operative 7-30-2010 (Register 2010, No. 31). A Certificate of Compliance must be transmitted to OAL by 10-28-2010 or emergency language will be repealed by operation of law on the following day.
3. Certificate of Compliance as to 7-30-2010 order, including further amendment of section, transmitted to OAL 10-7-2010 and filed 11-18-2010 (Register 2010, No. 47).
4. Amendment of subsections (a), (d), and (d)(1)(A)-(C) filed 8-1-2024; operative 10-1-2024 (Register 2024, No. 31).