Loading chat...
AL SB418
Bill
Status
2/27/2014
Primary Sponsor
Rusty Glover
Click for details
AI Summary
-
Amends Sections 10A-1-7.02 and 16-46-3 of the Alabama Code to allow out-of-state nonprofit entities offering online programs to operate in Alabama without additional state approval if they are regionally accredited and located in a state participating in a regional authorization reciprocity agreement approved by the Governor.
-
Adds a new exemption (subsection 10) to Chapter 16-46-3 for out-of-state nonprofit online education providers that meet regional accreditation standards and are in states with Governor-approved reciprocity agreements.
-
Foreign entities exempt from Chapter 46, Title 16 requirements are not required to register under the corporation chapter (Section 10A-1-7.02).
-
Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Colleges and universities, participation in reciprocity agreements with other member states to generate without additional state approval or authorization in other member states, Secs. 10A-1-7.02, 16-46-3 am'd.
Colleges and Universities
Last Action
Indefinitely Postponed
4/1/2014