The purpose of the Post-Secondary Educational Institution Act is to improve the quality of private post-secondary education, to prevent misrepresentation, fraud and collusion in offering educational programs to persons over the compulsory school attendance age and to protect consumers enrolled in private post-secondary educational institutions when those schools cease operation or fail to meet standards of quality established by the department.
History: 1953 Comp., § 73-40-2, enacted by Laws 1971, ch. 303, § 2; 1975, ch. 148, § 2; 1994, ch. 108, § 3; 2013, ch. 59, § 1.
The 2013 amendment, effective June 14, 2013, assigned administration of the Post-Secondary Educational Institution Act to the higher education department; and after "established by the", deleted "commission" and added "department".
The 1994 amendment, effective July 1, 1994, inserted "private" preceding "post-secondary" deleted "and" following "education", and inserted the language following "school attendance age".
Structure 2021 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 23 - Post-Secondary Educational Institution Act
Section 21-23-1 - Short title.
Section 21-23-2 - Purpose of act.
Section 21-23-3 - Definitions.
Section 21-23-5 - Duties of the department.
Section 21-23-6 - Registration of colleges and universities; submission of materials.
Section 21-23-6.1 - Licensure of career schools; licensure of certain colleges and universities.
Section 21-23-6.2 - Licensure standards; requirements; fee authorization.
Section 21-23-6.3 - Fee authorization.
Section 21-23-7 - Claims; limitations; appeals.
Section 21-23-7.1 - Surety bond required; alternative surety.
Section 21-23-8 - Fund created.
Section 21-23-10 - Disciplinary actions; civil penalties.
Section 21-23-10.1 - Enforcement.
Section 21-23-11 - Existing post-secondary educational institutions.
Section 21-23-12 - Cooperation.
Section 21-23-14 - Prohibition.
Section 21-23-15 - Post-secondary educational institutions; termination.