US Lawyer Database

9-A §15-101. Definitions

§15-101. Definitions As used in this Article, unless the context indicates otherwise, the following terms have the following meanings.   [PL 2021, c. 357, §1 (NEW).] 1.  Provider of postsecondary education.  “Provider of postsecondary education” means a person engaged in the business of providing postsecondary education directly, by correspondence or by the Internet to a […]

9-A §15-102. Private student lender registry

§15-102. Private student lender registry 1.  Private student lender registry.  A person may not engage in the business of student financing as a student financing company in the State unless the person:   A. Registers with the superintendent under rules or procedures adopted by the superintendent, including the payment of a fee of not less […]

9-A §15-103. Violations

§15-103. Violations 1.  Fine.  The superintendent may impose a fine of up to $25,000 on a person for any violation of this Article. Each violation of this Article or of any rule adopted pursuant to section 15‑104 is a separate offense for the purposes of this section.   [PL 2021, c. 357, §1 (NEW).] 2.  […]

9-A §15-104. Rules

§15-104. Rules The superintendent may adopt rules to carry out the purposes of this Article. Rules adopted under this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.   [PL 2021, c. 357, §1 (NEW).] SECTION HISTORY PL 2021, c. 357, §1 (NEW).