(a) The division of professional regulation is authorized and empowered to formulate rules and regulations relative to the establishment and operation of schools, courses of study, instruction, grades and grading systems, and related matters. The division and the council on postsecondary education have the power at any time to review the curriculum of those courses. (b) Any school, individual, or organization that offers or conducts any course or courses of study in real estate, or any course or courses designed or represented to enable or assist non-licensees or applicants for license to pass examinations conducted by the division of professional regulation, shall first obtain a permit from, and subsequently abide by the rules and regulations of, the division covering those schools. (c) The division has authority to suspend or revoke the permit of any school, individual, or organization for violation of the provisions of this chapter or of the rules and regulations promulgated pursuant to this chapter. The provisions of this section do not apply to any college or university that has been accredited by any accrediting body approved by the council on postsecondary education.
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