85-1614. Authorization to operate; nontransferable; change in ownership; new authorization.

The authorization to operate shall be issued to the owner or governing body of the applicant school and shall be nontransferable. In the event of a change in ownership of the school, the new owner or governing body shall, within ten days after the change of ownership, apply for a new authorization to operate, and in the event of failure to do so the authorization to operate shall terminate. An application for a new authorization to operate by reason of change in the ownership of the school shall be deemed an application for renewal of the school's authorization to operate.

Source:Laws 1977, LB 486, § 15; Laws 1990, LB 488, § 14; R.S.1943, (1994), § 79-2815; Laws 1995, LB 4, § 14.