§ 19-5-960 - Private Career School Student Protection Trust Fund.

19-5-960. Private Career School Student Protection Trust Fund.

(a) There is hereby established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Private Career School Student Protection Trust Fund.

(b) Such fund shall consist of a fee to be set by the State Board of Private Career Education as provided in 6-51-607, there to be used for paying claims and other expenses as set out in 6-51-607.