The commission may deny, suspend, or revoke:

1. (1) the approval of any course; and

2. (2) the permit issued to a school under section 15 of this chapter;

   if it determines the school failed to comply with the standards established in this chapter and the commission's rules.

   As added by Acts 1979, P.L.248, SEC.1. Amended by P.L.116-2015, SEC.14.