Section 16-255-7 - Procedure to close or cease operations The institution shall provide written notification to the department in accordance with the requirements of chapter 305J, HRS, before closing or ceasing operations. Written notification shall include:
(1) Date of closure and last date of instruction;(2) Reason for the closure;(3) Contact person after the institution closes (name, address, phone number, email address);(4) Institution's communications to students informing them of the pending closure, student rights and options, and information concerning Federal Student Financial Aid Programs when an institution closes;(5) An electronic spreadsheet containing the names, addresses, phone numbers, and home email addresses of students who are enrolled at the time of the closure and if refunds are due, the amount and date when they will receive the refunds;(6) The total number of students enrolled, including students on leave of absence, whose education and training program will not be fully completed by the date of the institution's closure and the names of the programs in which they are enrolled;(7) A copy of any teach-out or transfer plan or agreement;(8) A statement from the owner or owner's designee affirming that all recruitment efforts, program marketing, advertisement (regardless of type, i.e., newspaper, website, television broadcast, etc.), solicitation and enrollment of new students has ceased;(9) The expected deposit date of the electronic student records to the department or to the third party contracted by the department; and(10) Documentation that the institution has completed the formal closure process with its accrediting body, including information regarding the new institutional custodian of records, and information that it has been cleared to close by the accrediting body."[Eff 7/31/2017] (Auth: HRS § 305J-5) (Imp: HRS §§ 305J-5, 305J-I3, 305J-15)