SECTION 565:10-9-2. Bond claim procedure

  Each student submitting a claim against a surety bond of a licensed school, shall be reimbursed a pro rata portion of the tuition paid by him or her, subject to a computation of a proportionate percentage between the aggregate bond and the total amount of claims properly submitted. If the Board is able to ascertain from the records of the school the exact number and identity of students affected by the default of said school under this bond, the Board shall, within fifteen (15) days of such determination, notify each student in writing of his or her right to submit a claim hereunder. Any student receiving such notice, who desires to make such claim, must do so by completing the claim form prescribed by the Board within thirty (30) days of receipt of the notice. If the Board is unable to ascertain the exact number and identity of students affected by default of said school under this bond, the Board shall provide for newspaper publication of notice to students of their right to submit a claim hereunder. Such publication shall be made once a week for two (2) consecutive weeks in a newspaper of general circulation in the county where said school is located, and the expense thereof shall be borne by the Board. When newspaper publication is given, any student making a claim must do so by completing the claim form prescribed by the Board within sixty (60) days of the last publication of said notice. The Board shall not consider any claim not meeting the above requirements.

[Source: Amended at 15 Ok Reg 2782, eff 7-1-98; Amended at 32 Ok Reg 2149, eff 9-11-15]