165A.450 Licensed schools to contribute to a student protection fund.
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165A.450 Licensed schools to contribute to a student protection fund. All licensed schools, resident and nonresident, shall be required to contribute to a student
protection fund. The fund shall be used to pay off debts incurred due to the closing of a
school. The amount each school shall contribute shall be the same amount as its licensing
fee. Effective: July 13, 1990
History: Created 1990 Ky. Acts ch. 79, sec. 5, effective July 13, 1990.
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protection fund. The fund shall be used to pay off debts incurred due to the closing of a
school. The amount each school shall contribute shall be the same amount as its licensing
fee. Effective: July 13, 1990
History: Created 1990 Ky. Acts ch. 79, sec. 5, effective July 13, 1990.