Minn. Stat. § 136A.63

Current through Register Vol. 49, No. 8, August 19, 2024
Section 136A.63 - REGISTRATION
Subdivision 1.Annual registration. All schools with a physical presence in Minnesota which offer degree programs or courses within Minnesota shall register annually with the office.
Subd. 2.Sale of an institution.

Within 30 days of a change of its ownership a school must submit a registration renewal application, all usual and ordinary information and materials for an initial registration, and applicable registration fees for a new institution. 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; the school enters receivership; or a change in the nonprofit or for-profit status of a school.

Minn. Stat. § 136A.63

1975 c 201 s 3; 1975 c 271 s 6; 1978 c 603 s 3; 1995 c 212 art 3 s 59; 2007 c 144 art 3 s 4; 2015 c 69 art 2 s 12

Amended by 2024 Minn. Laws, ch. 127,s 35-27, eff. 8/1/2024.
Amended by 2024 Minn. Laws, ch. 124,s 2-27, eff. 8/1/2024.
Amended by 2021SP1 Minn. Laws, ch. 2,s 2-25, eff. 8/1/2021.
Amended by 2015 Minn. Laws, ch. 69,s 2-12, eff. 8/1/2015.