Maine Revised Statutes Title 20-A Sec. 10712 – Termination of degree-granting authority
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The authority of an educational institution to confer degrees terminates upon determination by the state board that any of the following has occurred: [PL 1991, c. 563, §4 (NEW).]
1. Discontinuance of instruction. The substantial discontinuance of instruction by the educational institution;
[PL 1991, c. 563, §4 (NEW).]
Terms Used In Maine Revised Statutes Title 20-A Sec. 10712
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Degree: means a document of achievement at the associate level or higher conferred by a postsecondary educational institution authorized to confer that degree in its home state. See Maine Revised Statutes Title 20-A Sec. 10701
- Educational institution: means any person, partnership, board, association, institution or corporation other than the University of Maine System, the Maine Community College System and the Maine Maritime Academy that offers academic, educational, literary or professional courses or programs. See Maine Revised Statutes Title 20-A Sec. 10701
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State board: means the State Board of Education. See Maine Revised Statutes Title 20-A Sec. 1
2. Sale of stock. The sale, exchange or other transfer of all or a substantial part of the voting stock of an educational institution;
[PL 1991, c. 563, §4 (NEW).]
3. Sale or lease of assets. The sale, exchange, lease or other transfer of all or a substantial part of the assets of an educational institution; or
[PL 1991, c. 563, §4 (NEW).]
4. Merger; consolidation; reorganization. The merger or consolidation of the educational institution with an external entity, or the reorganization of the educational institution, including, but not limited to, reorganization in bankruptcy. This subsection does not apply and authority to confer degrees is not terminated if degree programs are consolidated or reorganized within an educational institution and are at the same level as those authorized by the Legislature or the state board prior to the consolidation or reorganization.
[PL 2009, c. 274, §13 (AMD).]
Upon termination of its degree-granting authority pursuant to this section, an educational institution may apply to the state board pursuant to section 10703 for a certificate of temporary approval to use the term “community college,” “college” or “university” in its name. [PL 2007, c. 572, Pt. A, §14 (AMD).]
SECTION HISTORY
PL 1991, c. 563, §4 (NEW). PL 2007, c. 572, Pt. A, §14 (AMD). PL 2009, c. 274, §13 (AMD).