§ 136A.823 — LICENSE RENEWAL

Minnesota § 136A.823

• Jurisdiction: Minnesota
• Part: POSTSECONDARY EDUCATION
• Ch. 136A: HIGHER EDUCATION

Text

Subdivision 1.Application.
Application for renewal of a license must be made at least 60 days before expiration of the current license on a form provided by the office. A renewal application shall be accompanied by a nonrefundable fee as provided in section136A.824that is sufficient to recover, but does not exceed, the administrative costs of the office.

Subd. 2.
MS 2020 [Repealed,1Sp2021 c 2 art 2 s 47]

Subd. 3.Change of ownership.
Within 30 days of a change of ownership, a school must submit a registration renewal application, the information and materials for an initial registration under section136A.822, subdivision 4, and the applicable registration fees for a new institution under section136A.824, subdivision 1. For purposes of this subdivision, "change of ownership" means: a merger or consolidation with a corporation; a sale, lease, exchange, or other disposition of all or substantially all of the assets of a school; the transfer of a controlling interest of at least 51 percent of the school's stock; entering into receivership; or a change in the nonprofit or for-profit status of a school.

Legislative History

1999 c 214 art 3 s 19;2005 c 107 art 3 s 7;2010 c 364 s 22;2015 c 69 art 2 s 24,46;1Sp2021 c 2 art 2 s 32