Resource Guide - Texas Workforce Commission

(3) the renewal fee and the fee for the tuition trust account, if applicable, specified by this
chapter; and
(4) any other revisions or evidence necessary to bring the school's application for approval to
a current and accurate status as requested by the Commission.
(c)
(d)
The effective, expiration, and issuance dates are indicated on the certificate of approval. The
Commission may reflect the date of renewal as the date following the date of expiration of the
prior certificate of approval, if the school submitted a timely request for renewal and met all of the
requirements contained in this chapter for renewal.
The complete renewal application shall be postmarked on or before the due date as indicated in
the Act.
The provisions of this §807.12 adopted to be effective April 26, 2004, as published in the Texas
Register, April 23, 2004, 29 TexReg 3970.
§807.13. Change in ownership
(a)
(b)
The Commission may consider the addition or deletion of any person defined as an owner under
the Act as a change in school ownership. The school may notify the Commission of the change
in ownership a minimum of 45 days before the change in ownership to request that the
Commission in lieu of a full application accept a partial application.
The Commission may require submission of a full application for approval for a change in
ownership if:
(1) the Commission has a reasonable basis to believe the change in ownership of the school
may significantly affect the school's continued ability to meet the criteria for approval; or
(2) the school fails to file notice of the change of ownership at least 45 days prior to the
ownership transfer.
(c)
(d)
(e)
The Commission may require a partial application for approval for a change in ownership if the
Commission reasonably believes the change in ownership will not significantly affect the school's
continued ability to meet the criteria for approval.
The purchaser of a school shall accept responsibility for all refund liabilities.
Management Agreements must be disclosed to the Commission. Parties to a management
agreement shall be of good reputation and character.
The provisions of this §807.13 adopted to be effective February 24, 2003, as published in the Texas
Register, February 21, 2003, 28 TexReg 1651.
Chapter 807
Page 12
Last Modified: 4/26/04