This text of New Jersey § 18A:3B-93 (Applicability of C.18A:3B-93 through C.18A:3B-96.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
9. a. Sections 9 through 12 of P.L.2021, c.27 (C.18A:3B-93 through C.18A:3B-96) shall apply to an institution of higher education or a proprietary institution licensed to offer academic degrees that operates in this State. b. An institution of higher education or a proprietary institution licensed to offer academic degrees shall enter into a school-to-school teach-out agreement at least 120 days prior to the cessation of institution operations. c. In order to satisfy the requirements of this section, a school-to-school teach-out agreement shall:
(1)be arranged by the closing institution;
(2)be agreed to by an eligible transfer institution, the closing institution, and the secretary;
(3)unless waived for good cause by the secretary, specify that the eligible transfer institution shall: (
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9. a. Sections 9 through 12 of P.L.2021, c.27 (C.18A:3B-93 through C.18A:3B-96) shall apply to an institution of higher education or a proprietary institution licensed to offer academic degrees that operates in this State. b. An institution of higher education or a proprietary institution licensed to offer academic degrees shall enter into a school-to-school teach-out agreement at least 120 days prior to the cessation of institution operations. c. In order to satisfy the requirements of this section, a school-to-school teach-out agreement shall: (1) be arranged by the closing institution; (2) be agreed to by an eligible transfer institution, the closing institution, and the secretary; (3) unless waived for good cause by the secretary, specify that the eligible transfer institution shall: (a) be located within a reasonable distance of the closing institution, if the closing institution has a physical presence in the State; (b) accept the transfer of all completed credits from students affected by the closure; and (c) allow a student affected by the closure to complete the student's program with substantially the same number of credit hours as was required by the closing institution; (4) specify that, on request by a student affected by the closure, the closing institution shall provide a complete academic record and an official transcript to the student at no cost to the student; and (5) meet any other standards as deemed appropriate by the secretary. L.2021, c.27, s.9.