Sec. 12. (a) A person may not do business as a postsecondary proprietary educational institution in Indiana without having obtained authorization under this chapter. (b) Upon discovery by the department, the department shall issue a written notice of violation to a person who fails to obtain authorization under this chapter. (c) A person who receives a written notice of violation under subsection (b) has fifteen (15) days from the date the notice is issued by the department to obtain authorization under this chapter. (d) If a person described in subsection (c) fails to obtain authorization under this chapter from the department within fifteen (15) days from the date the notice is issued, the department may assess a civil penalty of one hundred dollars ($100) per student who: (1) attends the subject postsecondary proprietary educational institution; and (2) resides in Indiana. (e) Civil penalties collected under this section shall be deposited in the proprietary educational institution authorization fund established by section 39 of this chapter.
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