MS SB2045

Amends Section 37-101-241 to expand the Mississippi Commission on College Accreditation's authority to regulate advertising, solicitation, and representation by educational institutions to protect students from fraudulent or substandard degrees.

Grants the commission power to establish minimum standards for educational quality, ethical business practices, and fiscal responsibility; prohibit misleading literature and advertising; and require criminal background checks for institution owners and directors.

Authorizes the commission to regulate tuition and fee refund policies, require surety bonds or establish a student protection fund, issue agent permits, and investigate complaints against educational institutions.

Mandates institutions notify the commission before closure and submit an approved plan for orderly closure, including permanent retention of academic records and a teach-out plan for students.

Takes effect July 1, 2018.