Colorado Code § 23-2-102.5

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(1) (a) A private college or university that enrolls
a majority of its students at the certificate or associate level is regulated by the private
occupational school division and the private occupational school board pursuant to article 64 of
this title 23 and is not subject to the provisions of this article 2.
(b) If, as a result of changes in student enrollment, a private college or university at
times meets the definition provided in section 23-2-102 (11) and should therefore be regulated
by the department and the commission, and at other times meets the requirements of paragraph
(a) of this subsection (1) and should therefore be regulated by the private occupational school
division and the private occupational school board, the private college or university is subject to
regulation by the entity that is appropriate as of July 1, 2012, if the private college or university
is authorized as of said date, or as of the date the institution applies for authorization, and the
institution shall be regulated by the same entity for the following three years. The department
shall review the status of the private college or university every three years after July 1, 2012, or
every three years after initial authorization, whichever is appropriate, to determine whether the
institution should be subject to regulation by the department and the commission or by the
private occupational school division and the private occupational school board.
(2) An out-of-state public institution may request authorization pursuant to the
provisions of this article from the department and the commission. In seeking and maintaining
authorization pursuant to this article, an out-of-state public institution is subject to the same
criteria and requirements that apply to a private college or university.

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