Each applicant, before being granted a scholarship, shall enter into a contract with the Commission agreeing to the terms and conditions upon which the scholarship shall be granted to the applicant. Said contract shall include such terms and provisions as will carry out the full purpose and intent of this act and the form thereof shall be prepared and approved by the Attorney General. Said contracts shall be signed by the Secretary on behalf of the Commission and by the applicant. The Commission is hereby vested with full and complete authority and power to sue in its own name any applicant for any balance due the Commission on any contract. The Commission shall have authority to cancel any contract made between it and any recipient of a scholarship upon cause deemed sufficient by the Commission.
Added by Laws 1970, c. 82, § 6, emerg. eff. March 26, 1970. Amended by Laws 1972, c. 221, § 7, eff. Aug. 1, 1972; Laws 1976, c. 212, § 18, emerg. eff. June 7, 1976; Laws 2018, c. 286, § 5, eff. Nov. 1, 2018.