5.2 Institution has legal authorization to operate from the government of all states or territories where the institution enrolls or intends to enroll distance education students and has filed copies of the authorizations with TRACS, except if (1) the institution is exempt from the requirement to register in a state, the institution shall provide documentation of that exemption to TRACS or (2) any state in which it enrolls or intends to enroll distance education students does not require any institution to obtain such authorization, the institution shall provide this information to TRACS.
The Institution is legally incorporated in the State of North Carolina as a not-for-profit corporation, and it is recognized by the Internal Revenue Service as a 501(c)3 organization, which means the Institution is tax exempt and contributions from donors are tax deductible.
The Institution currently has no students in any state other than North Carolina and will not have such students in the Spring 2017 semester. There is plans to enroll students in other states for Summer 2017 semester.
The Institution does not have authority to operate in any other state.
Exhibit: Letter of authorization to operate from the North Carolina Board of Regents.
Plan of Action:
Authorization to operate in other states where the Institution intends to enroll distance education is currently being sought.