Article 1General Provisions

Section § 95000

Explanation

This law states that even after Chapter 8 is repealed, the Student Tuition Recovery Fund will remain and be managed by the Department of Consumer Affairs. The funds will be used to pay any claims that were made under Chapter 8.

The department is responsible for processing and paying all claims against the fund until they are all handled or until the fund runs out of money, whichever happens first.

(a)CA Education Code § 95000(a) Notwithstanding any other law, upon the repeal of Chapter 8 (commencing with Section 94800), the Student Tuition Recovery Fund shall be continued in existence under the administration of the Department of Consumer Affairs, and the moneys remaining in the fund shall be continuously appropriated to the Department of Consumer Affairs for the purpose of paying claims filed under Chapter 8 (commencing with Section 94800).
(b)CA Education Code § 95000(b) Notwithstanding any other law, upon the repeal of Chapter 8 (commencing with Section 94800), the Department of Consumer Affairs shall continue to process and pay claims against the Student Tuition Recovery Fund until all claims pending as of the repeal of Chapter 8 (commencing with Section 94800) are processed, or until the moneys remaining in the fund are exhausted, whichever occurs first.
Student Tuition Recovery Fund Department of Consumer Affairs claim payments continuous appropriation repeal of Chapter 8 processing claims pending claims education fund consumer protection tuition refunds fund administration fund exhaustion tuition claims student protection fund Chapter 8 repeal
(Added by Stats. 2009, Ch. 310, Sec. 7. (AB 48) Effective January 1, 2010. Operative January 1, 2016, pursuant to Section 95010.)