§ 23-276.7. Emergency actions
A. The Council may, by regulation, authorize its director to take immediate action on its behalf in any instance in which a school holding certification to operate in Virginia is the subject of an adverse action by the United States Department of Education or by the school's accrediting agency. When such adverse action threatens a disruption of the operation of the school and exposes students to a loss of course or degree credit or financial loss, the director may take any or all of the following actions:
1. Suspend new enrollment in specified programs, degree levels or in all programs and degree levels that have been approved by the Council;
2. Require the school to provide a guaranty instrument in the amount necessary to cover the refund of unearned tuition to all students enrolled at the time of the action; or
3. Take such other actions as may be necessary to protect the rights of currently enrolled or future students.
B. At its next regularly scheduled meeting, the Council shall either ratify the director's action or take such other actions as it may deem necessary.
(2002, c. 178; 2005, c. 447.)
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