394.550 - Discontinuance of operations: Academic records filed with Administrator; seizure of records. - Nevada Statutes

394.550  Discontinuance of operations: Academic records filed with Administrator; seizure of records.  If any postsecondary educational institution operating in this state discontinues or proposes to discontinue its operation, the chief administrative officer of the institution shall file with the Administrator original or true copies of all academic records of the institution specified by regulations of the Commission. The records must include, as a minimum, academic information customarily required by colleges when considering students for transfer or advanced study; and, as a separate document, the academic record of each former student. If the Administrator establishes the likelihood that academic records of an institution discontinuing its operations are in danger of being destroyed, secreted, mislaid or otherwise made unavailable to the Commission, the Administrator may obtain a court order permitting the seizure of such records. The Administrator shall receive and maintain a file of such records in the Administrator’s possession.

      (Added to NRS by 1975, 1515; A 1979, 1636; 1985, 1001)