23-38.17:1 - Prompt crediting and expeditious refunding of funds

§ 23-38.17:1. Prompt crediting and expeditious refunding of funds.

Institutions acting as agents for students receiving awards under thisprogram shall promptly credit disbursed funds to student accounts followingverification of eligibility by the relevant institution. These institutionsshall also expeditiously distribute any refunds due recipients.

(1985, c. 359; 2000, cc. 94, 660.)