Source: https://www.revisor.mn.gov/statutes/2019/cite/136A.822
Timestamp: 2019-12-16 12:02:26
Document Index: 468429263

Matched Legal Cases: ['art 2', 'art 2', 'art 2', 'art 3', 'art 3', 'art 3', 'art 3', 'art 12', 'art 3', 'art 8', 'art 1', 'art 2', 'art 3', 'art 3', 'art 2', 'art 2', 'art 3', 'art 3', 'art 2', 'art 2', 'art 3', 'art 2']

﻿ Sec. 136A.822 MN Statutes
Section 136A.822
136A.821 136A.8225
2019 Subd. 6 Amended 2019 c 64 art 2 s 30
2019 Subd. 10 Amended 2019 c 64 art 2 s 31
2019 Subd. 12 Amended 2019 c 64 art 2 s 32
2017 Subd. 4 Amended 2017 c 89 art 3 s 19
2017 Subd. 6 Amended 2017 c 89 art 3 s 20
2017 Subd. 12 Amended 2017 c 89 art 3 s 21
2017 Subd. 13 Amended 2017 c 89 art 3 s 22
(ii) financial statements subjected to a review-level engagement or, if requested by the office, audited financial statements;
(10) gross income earned in the preceding year from student tuition, fees, and other required institutional charges.
(b)(1) The amount of the surety bond shall be ten percent of the preceding year's net revenue from student tuition, fees, and other required institutional charges collected, but in no event less than $10,000, except that a private career school may deposit a greater amount at its own discretion. A private career school in each annual application for licensure must compute the amount of the surety bond and verify that the amount of the surety bond complies with this subdivision. A private career school that operates at two or more locations may combine net revenue from student tuition, fees, and other required institutional charges collected for all locations for the purpose of determining the annual surety bond requirement. The net revenue from tuition and fees used to determine the amount of the surety bond required for a private career school having a license for the sole purpose of recruiting students in Minnesota shall be only that paid to the private career school by the students recruited from Minnesota.
(14) a procedure for investigating and resolving student complaints;
(15) the name and address of the office; and
Subd. 12.Permanent student records.
A private career school required to obtain a private career school license due to the use of "academy," "institute," "college," or "university" in its name or licensed for the purpose of participating in state financial aid under chapter 136A, and which is also licensed by another state agency or board shall be required to satisfy only the requirements of subdivisions 4, clauses (1), (2), (3), (5), (7), (8), and (10); 5; 6, paragraph (b), clause (2); 8, clauses (1), (4), (7), (8), and (9); 9; 10; and 12. If a school is licensed to participate in state financial aid under this chapter, the school must follow the refund policy in section 136A.827, even if that section conflicts with the refund policy of the licensing agency or board. A distance education private career school located in another state, or a school licensed to recruit Minnesota residents for attendance at a school outside of this state, or a school licensed by another state agency as its primary licensing body, may continue to use the school's name as permitted by its home state or its primary licensing body.
1969 c 866 s 5; 1971 c 781 s 1,2; 1973 c 714 s 3-9; 1980 c 559 s 1; 1Sp1985 c 11 s 67-70; 1986 c 444; 1989 c 329 art 12 s 4; 1990 c 562 art 3 s 9,10; 1991 c 265 art 8 s 10; 1992 c 513 art 1 s 27; 1Sp1993 c 2 art 2 s 21; 1995 c 212 art 3 s 43,59; 1996 c 366 s 2; 1999 c 214 art 3 s 9-18; 2003 c 112 art 2 s 50; 2005 c 107 art 2 s 60; art 3 s 2-6; 2007 c 144 art 3 s 18-23; 2008 c 298 s 21,22; 2009 c 101 art 2 s 109; 2010 c 364 s 19-21; 2015 c 69 art 2 s 23,46; 2017 c 89 art 3 s 19-22; 2019 c 64 art 2 s 30-32