The purpose of the Post-Secondary Educational Institution Act is to improve the quality of private post-secondary education, to prevent misrepresentation, fraud and collusion in offering educational programs to persons over the compulsory school attendance age and to protect consumers enrolled in private post-secondary educational institutions when those schools cease operation or fail to meet standards of quality established by the department.
History: 1953 Comp., § 73-40-2, enacted by Laws 1971, ch. 303, § 2; 1975, ch. 148, § 2; 1994, ch. 108, § 3; 2013, ch. 59, § 1.
ANNOTATIONSThe 2013 amendment, effective June 14, 2013, assigned administration of the Post-Secondary Educational Institution Act to the higher education department; and after "established by the", deleted "commission" and added "department".
The 1994 amendment, effective July 1, 1994, inserted "private" preceding "post-secondary" deleted "and" following "education", and inserted the language following "school attendance age".