New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 100 - PRIVATE INSTITUTIONS OF HIGHER LEARNING
Part 8 - CLOSURE OR SUBSTANTIAL CHANGE TO LOCATION UNDER THE POST- SECONDARY EDUCATIONAL INSTITUTION ACT
Section 5.100.8.8 - NOTICE
Current through Register Vol. 35, No. 18, September 24, 2024
A. A post-secondary institution operating with a physical presence in the state of New Mexico shall provide formal written notice of closure to the department immediately upon gaining actual knowledge of the institution's intent to close but in no case less than 90 days prior to closure.
B. A post-secondary institution operating with a physical presence in the state of New Mexico shall provide formal written notice of substantial change to location to the department immediately upon gaining actual knowledge of the institution's intent to change location but in no case less than 90 days prior to moving operations.
C. A post-secondary institution operating with a physical presence in the state of New Mexico has a mandatory obligation to report a closure of any other branch, satellite, or main campus associated with the institution immediately upon gaining actual knowledge of the institution's intent to close but in no case less than 90 days prior to closure.
D. A post-secondary institution has a mandatory obligation to report the closure of any other subsidiary institution or campus associated through the same parent company or organization immediately upon gaining actual knowledge of the institution's intent to close but in no case less than 90 days prior to closure.
