In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the division may make rules: (1) establishing the form and content of: (a) a registration statement; and (b) a surety bond, certificate of deposit, or other proof of financial viability required under Section 13-34-202; (2) specifying the information a postsecondary school is required to provide with a registration statement, which may vary based upon factors including: (a) the certificate the postsecondary school seeks; (b) whether the postsecondary school is an accredited postsecondary school; and (c) whether the postsecondary school is a longstanding nonprofit accredited postsecondary school; (3) establishing the amount of a surety bond or certificate of deposit required under Section 13-34-202, not to exceed an amount equal to the tuition and fees a postsecondary school anticipates receiving during a school year; (4) providing for the execution and cancellation of the surety bond or certificate of deposit a postsecondary school obtains in accordance with Section 13-34-202; (5) establishing the amount of money a school may charge a student in a 12 month period to qualify for an exemption in accordance with Subsection 13-34-111(3)(d)(i)(C); (6) specifying acts or practices that: (a) are prohibited in accordance with Section 13-34-108; and (b) a postsecondary school that intends to cease operating is required to carry out; (7) specifying student outcomes a postsecondary school is required to disclose under Section 13-34-109; (8) specifying the electronic format in which a postsecondary school is required to maintain an educational credential in accordance with Section 13-34-203; (9) establishing the type and number of credits required to obtain a degree or diploma from a postsecondary school that is not an accredited postsecondary school; and (10) establishing: (a) standards for granting to a postsecondary school a state authorization certificate in accordance with a reciprocity agreement; (b) any filing, document, or fee required for a postsecondary school to obtain a state authorization certificate in accordance with a reciprocity agreement; and (c) penalties for a postsecondary school that fails to comply with rules the division makes under this Subsection (10).
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