13-48-38.1. Annual renewal of certificate of authorization.
Except as provided in section §13-48-38, each certificate of authorization expires on the first day of July following the date of issue. The secretary shall annually renew the certificate of any postsecondary institution that:
(1)Continues to meet the requirements in subdivisions 13-48-37(1) and (2);
(2)Has not been ordered to cease operations in the state pursuant to §13-48-40; and
(3)Has filed with the secretary on or before the first day of July of each year an application for renewal, on a form prescribed by the secretary, and paid a renewal fee of two hundred fifty dollars.
Source: SL 2018, ch 103, §3.