(2) The commission shall administer ORS 345.010 to 345.450 and 345.992 to 345.997 and shall enforce all laws and rules relating to the licensing of career schools and agents.
(3) The commission may establish procedures whereby schools become eligible to participate in federal student assistance programs if approved by the United States Department of Education.
(4) Members and employees of the commission may not have financial interests in any career school and may not act as agents or employees of any career school. [Amended by 1955 c.527 §1; 1961 c.268 §3; 1975 c.478 §4; 1989 c.333 §3; 1995 c.343 §3; 2012 c.104 §23; 2013 c.50 §§1,2]