registration statement -- Rescission based on revocation of certificate of state authorization. (1) A postsecondary school subject to this chapter may not enforce in the courts of this state a contract or agreement relating to postsecondary education services unless, at the time the contract or agreement is executed: (a) the division has issued a registration certificate to the postsecondary school; or (b) the postsecondary school is exempt from this chapter under Section 13-34-111. (2) If an accredited postsecondary school's state authorization certificate is revoked in accordance with Section 13-34-106, or the accredited postsecondary school loses its accreditation, a student who enrolled in the postsecondary school in reliance upon the benefits offered by the accredited postsecondary school's possession of a valid state authorization certificate or the accredited postsecondary school's accreditation may rescind an enrollment agreement. (3) If a student rescinds an enrollment agreement as described in Subsection (2), the postsecondary school shall: (a) release the student's future obligation to the postsecondary school for any tuition, fees, or other charges that the student paid to the postsecondary school; and (b) refund the student any tuition, fees, or other charges that the student, or a person on the student's behalf, paid to the postsecondary school. Repealed and Re-enacted by Chapter 458, 2023 General Session
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