Code of Maryland Regulations
Title 13B - MARYLAND HIGHER EDUCATION COMMISSION
Subtitle 01 - NONPUBLIC SCHOOLS
Chapter 13B.01.03 - Classification of Nonpublic Institutions of Higher Education
Section 13B.01.03.05 - Reporting Requirements
Universal Citation: MD Code Reg 13B.01.03.05
Current through Register Vol. 51, No. 6, March 22, 2024
A. To be classified as a private nonprofit institution of higher education under Education Article, § 10-101, Annotated Code of Maryland, an institution of higher education shall provide to the Secretary, by March 1 of each year, a report in a form prescribed by the Secretary.
B. In the report, the institution shall include the following:
(1) A certification that the institution:
(a) Benefits no person or entity through any part of its net earnings;
(b) Is legally authorized to operate as a nonprofit organization by each state in which it is physically located; and
(c) Is currently classified by the IRS to be an organization to which contributions are tax deductible in accordance with 26 U.S.C. 501(c)(3);
(2) A description of any reportable incidents in the previous calendar year and, for each reportable incident:
(a) An explanation of the basis for the institution 's belief that the reportable incident does not constitute private inurement; and
(b) What, if any, corrective actions have been taken to date; and
(3) A declaration signed and dated by the chief executive officer of the school, under penalty of perjury, that the information in the report and any attachments to the report are true and correct.
Disclaimer: These regulations may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
