If the Commission determines that reasonable cause exists to question the validity of any financial information submitted, or the financial stability of the school, the Commission may require at the school's expense:

1. (1) an audit of a school that has been certified by an accountant; or
2. (2) the owner to furnish any other evidence deemed appropriate by the Commission to establish financial stability.

Source Note:The provisions of this §807.37 adopted to be effective August 16, 1998, 23 TexReg 8479.