Section 73.53. Financial resources

Latest version.

The financial resources of the school shall be adequate to fulfill its obligations to its students. An applicant for school license or registration shall provide the Board with a detailed financial report. The financial report shall be filed on a form provided by the Board or in a manner acceptable to the Board. The Board may also request additional financial information to determine the financial stability of the school. Financial information provided to the Board will be confidential. The Board reserves the right to require, on 30 days’ notice, interim financial statements.

Notation

Cross References

This section cited in 22 Pa. Code § 73.52 (relating to contents of application).

                    
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