WILLIAM DONALD SCHAEFER, Governor                   Ch. 246

(II)  OFFERS SECTARIAN INSTRUCTION ONLY DESIGNED
FOR AND AIMED AT PERSONS WHO HOLD OR SEEK TO LEARN PARTICULAR
RELIGIOUS FAITHS OR BELIEFS OF CHURCHES OR RELIGIOUS
ORGANIZATIONS, AND PROVIDES ONLY EDUCATIONAL PROGRAMS FOR
RELIGIOUS VOCATIONS; AND

(III)  STATES ON THE DIPLOMA OR DEGREE THE
RELIGIOUS NATURE OF THE DEGREE; AND

(3) A CHURCH OR OTHER RELIGIOUS INSTITUTION OFFERING
A POSTSECONDARY INSTRUCTIONAL PROGRAM LEADING TO A DIPLOMA OR
CERTIFICATE ONLY IF DESIGNED FOR AND AIMED AT PERSONS WHO HOLD OR
SEEK TO LEARN THE PARTICULAR RELIGIOUS FAITH OR BELIEFS OF THAT
CHURCH OR RELIGIOUS ORGANIZATION, AND PROVIDING ONLY EDUCATIONAL
PROGRAMS FOR RELIGIOUS PURPOSES.

(D)  (1) (I) EACH INSTITUTION OF POSTSECONDARY EDUCATION
AUTHORIZED TO OPERATE WITHOUT A CERTIFICATE OF APPROVAL UNDER
SUBSECTION (C)(2) OR (3) OF THIS SECTION SHALL SUBMIT, EVERY 2
YEARS, A FINANCIAL STATEMENT COMPILED BY AN INDEPENDENT
ACCOUNTANT EMPLOYED BY THE INSTITUTION TO THE COMMISSION.

(II) THESE INSTITUTIONS OF POSTSECONDARY
EDUCATION MAY NOT COMMENCE OR CONTINUE TO OPERATE, DO BUSINESS,
OR FUNCTION UNLESS THE COMMISSION DETERMINES ON THE BASIS OF THE
FINANCIAL STATEMENT SUBMITTED BY THE INSTITUTION UNDER THIS
SECTION THAT THE INSTITUTION POSSESSES ADEQUATE FINANCIAL
RESOURCES TO SUPPORT ITS EDUCATIONAL PROGRAM.

(2) (I) THE COMMISSION SHALL ADOPT REGULATIONS
ESTABLISHING PROCEDURES AND STANDARDS FOR THE SUBMISSION AND
EVALUATION OF THE REPORTS AND FINANCIAL STATEMENTS SUBMITTED BY
INSTITUTIONS OF POSTSECONDARY EDUCATION UNDER THIS SUBSECTION.

(II) ANY INSTITUTION UNDER SUBSECTION (C)(2) OR
(3) OF THIS SECTION DENIED THE RIGHT TO OPERATE HAS THE RIGHT TO
JUDICIAL REVIEW AS PROVIDED BY THE ADMINISTRATIVE PROCEDURE ACT.

(E)  NOTHING IN THIS SECTION PRECLUDES AN INSTITUTION OF
POSTSECONDARY EDUCATION AUTHORIZED UNDER SUBSECTION (C)(2) OR (3)
OF THIS SECTION TO OPERATE WITHOUT A CERTIFICATE OF APPROVAL FROM
SEEKING CERTIFICATION FROM THE COMMISSION.

(F)  (1) IF THE COMMISSION BELIEVES THAT AN INSTITUTION OF
POSTSECONDARY EDUCATION THAT APPLIES FOR A CERTIFICATE OF
APPROVAL DOES NOT MEET THE CONDITIONS OR STANDARDS NECESSARY FOR
THE ISSUANCE OF THE CERTIFICATE, THE COMMISSION SHALL GIVE THE
INSTITUTION WRITTEN NOTICE OF THE SPECIFIC DEFICIENCIES.

(2) WITHIN 20 DAYS OF RECEIPT OF A NOTICE OF
DEFICIENCIES, THE INSTITUTION MAY REQUEST A HEARING BEFORE THE
COMMISSION, AND WITHIN 60 DAYS OF RECEIPT OF THE REQUEST THE

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