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2022 Nebraska Revised Statutes
Chapter 85 - State University, State Colleges, and Postsecondary Education
85-1614 - Authorization to operate; nontransferable; change in ownership; new authorization.
Universal Citation:
NE Code § 85-1614 (2022)
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85-1614. Authorization to operate; nontransferable; change in ownership; new authorization.
The authorization to operate shall be issued to the owner or governing body of the applicant school and shall be nontransferable. In the event of a change in ownership of the school, the new owner or governing body shall, within ten days after the change of ownership, apply for a new authorization to operate, and in the event of failure to do so the authorization to operate shall terminate. An application for a new authorization to operate by reason of change in the ownership of the school shall be deemed an application for renewal of the school's authorization to operate.
Source
- Laws 1977, LB 486, § 15;
- Laws 1990, LB 488, § 14;
- R.S.1943, (1994), § 79-2815;
- Laws 1995, LB 4, § 14.
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