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Current as of January 01, 2025 | Updated by Findlaw Staff
In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the division may make rules:
(1) establishing the form and content of:
(a) a registration statement; and
(b) a surety bond, certificate of deposit, irrevocable letter of credit, or other proof of financial viability required under Section 13-34-202;
(2) specifying the information a postsecondary school is required to provide with a registration statement, which may vary based upon factors including:
(a) the certificate the postsecondary school seeks;
(b) whether the postsecondary school is an accredited postsecondary school; and
(c) whether the postsecondary school is a longstanding nonprofit accredited postsecondary school;
(3) establishing the amount of a surety bond, certificate of deposit, or irrevocable letter of credit required under Section 13-34-202, not to exceed an amount equal to the tuition and fees a postsecondary school anticipates receiving during a school year;
(4) providing for the execution and cancellation of the surety bond, certificate of deposit, or irrevocable letter of credit a postsecondary school obtains in accordance with Section 13-34-202;
(5) establishing the amount of money a school may charge a student in a 12 month period to qualify for an exemption in accordance with Subsection 13-34-111(3)(d)(i)(C);
(6) specifying acts or practices that:
(a) are prohibited in accordance with Section 13-34-108; and
(b) a postsecondary school that intends to cease operating is required to carry out;
(7) specifying student outcomes a postsecondary school is required to disclose under Section 13-34-109;
(8) specifying the electronic format in which a postsecondary school is required to maintain an educational credential in accordance with Section 13-34-203;
(9) establishing the type and number of credits required to obtain a degree or diploma from a postsecondary school that is not an accredited postsecondary school; and
(10) establishing:
(a) standards for granting to a postsecondary school a state authorization certificate in accordance with a reciprocity agreement;
(b) any filing, document, or fee required for a postsecondary school to obtain a state authorization certificate in accordance with a reciprocity agreement; and
(c) penalties for a postsecondary school that fails to comply with rules the division makes under this Subsection (10).
Cite this article: FindLaw.com - Utah Code Title 13. Commerce and Trade § 13-34-103. Rulemaking authority - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-13-commerce-and-trade/ut-code-sect-13-34-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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