Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027.

Sec. 13. Authorization may be revoked by the board for proprietary education:

1. (1) for cause upon notice and an opportunity for a hearing before the board for proprietary education; and
2. (2) for the authorized postsecondary credit bearing proprietary educational institution failing to make the appropriate quarterly contributions to the career college student assurance fund not later than forty-five (45) days after the end of a quarter.

As added by P.L.107-2012, SEC.58. Amended by P.L.273-2013, SEC.19.