Section 10714 - Application; retroactivity1.Application. Sections 10711 to 10713 apply to all educational institutions having degree-granting authority on or after the effective date of those sections, except that sections 10711 to 10713 do not apply to any educational institution if the action taken under those sections constitutes an impairment of contract that violates the United States Constitution, Article 1, Section 10, Clause 1. [1991, c. 563, §4(NEW).]
2.Retroactivity. Any transaction described in section 10711 or 10712 occurring on or after December 4, 1990, is subject to sections 10711 to 10713. [1991, c. 563, §4(NEW).]
1991, c. 563, § 4 (NEW) .