40 Tex. Admin. Code § 807.37 - Agency-Ordered Audits
If the Agency determines that reasonable cause exists to question the validity of any financial information submitted, or the financial stability of the school, the Agency may order at the school's expense:
(1) an audit of a school's financial
statements in accordance with this subchapter; and
(2) the owner to furnish any other evidence
deemed appropriate by the Agency to establish financial stability. Failure of a
career school or college to provide compliant financial statements or other
evidence required by the Agency, by the date noted in such order, may result in
revocation of its certificate of approval.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.