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Chapter 6. Student Tuition Recovery Fund. Payments from the Fund. Claims by Government Agency on Behalf of Students.
If the Bureau, the Attorney General, or any other law enforcement agency obtains a judgment against an institution on behalf of one or more students pursuant to Section 17200 of the Business and Professions Code or similar authority, that law enforcement agency shall be entitled to payment from the Fund under the following conditions:
(a) The institution was qualified and is now closed;
(b) A remedy cannot be obtained despite diligent efforts to prosecute, prove, and collect a judgment;
(c) A claim is filed within two years after the judgment became final;
(d) A claim indicating the total amount of the judgment allocable to each student is filed; and
(e) The total amount paid to each student does not exceed the amount that the student would have been entitled to receive if the student had obtained a judgment for the amount allocable to the student.
Authority cited:
Education Code 94803
Education Code 94877
Education Code 94923
Reference:
Education Code 94923
(Amended by Register 2011, No. 15.)