Statutes > Kentucky Statutes > CHAPTER 165A PROPRIETARY EDUCATION > 165A.450 Licensed schools to contribute to a student protection fund.

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 <br>protection fund. The fund shall be used to pay off debts incurred due to the closing of a <br>school. The amount each school shall contribute shall be the same amount as its licensing <br>fee. Effective: July 13, 1990 <br>History: Created 1990 Ky. Acts ch. 79, sec. 5, effective July 13, 1990.