Ind. Code § 22-4.1-21-39 – Establishment of proprietary educational institution accreditation fund; collection of fees

(a) The proprietary educational institution accreditation fund is established.
(b) The proprietary educational institution accreditation fund shall be administered by the department.
(c) Money in the proprietary educational institution accreditation fund at the end of a state fiscal year does not revert to the general fund.
(d) All fees collected by the department under this chapter shall be deposited in the proprietary educational institution accreditation fund.
(e) Money in the proprietary educational institution accreditation fund shall be used by the department to administer this chapter.

As added by P.L.107-2012, SEC.61. Amended by P.L.178-2016, SEC.26.