KRS 165A.390: Revocation or suspension of permits and licenses -- Conveyance of

student records to commission prior to discontinuance.

(1) An agent's permit may be revoked by the commission for fraud or misrepresentation

in procuring or soliciting a student or prospective student for enrollment in a course

or courses of instruction or study offered or maintained by a proprietary school

located within or without this state. An agent's permit may be revoked by the

commission for a false or misleading written o r oral statement in the application

therefor submitted by the applicant with the intent to mislead or conceal the truth.

(2) In the event that the license of the proprietary school designated upon an agent's

permit shall be suspended or revoked, or in the event said agent shall leave the

employ of said approved proprietary school, the agent's permit shall be suspended

by operation of law; provided, that the agent shall be given at least ten (10) days'

written notice of said suspension, and of the suspension or revocation of the license

of said proprietary school; and provided further, that said agent shall be entitled to

obtain a reissue of his agent's permit for the remaining unexpired period of time,

without an additional fee, with another approved proprie tary school designated

thereon.

(3) A license issued to a proprietary school may be suspended or revoked for the failure

to maintain and operate a course or courses of instruction or study in compliance

with the standards prescribed herein, or for violatio n of a Kentucky statute or an

administrative regulation. A license may be suspended or revoked by the

commission for a false or misleading written or oral statement submitted by the

applicant proprietary school with the intent to mislead or conceal the truth.

(4) An agent's permit or the license of a proprietary school may be suspended or

revoked by the commission for other valid reasons.

(5) A licensed proprietary school, prior to discontinuance of operation, shall convey all

student records as required by the commission to a location designated by the

commission. Said records may be retained in such a manner and for such a time as

the commission may designate.