| (i) adequate security against forgery for official
completion documentation required by this subsection;
(ii) records of each student enrolled in a course for
a minimum of four years following completion of the course, including
course and instructor evaluations and student enrollment agreements;
(iii) any comments made by the provider's management
relevant to instructor or course evaluations with the provider's records.
(B) All records may be maintained electronically but
must be in a common format that is legible and easily printed or viewed
without additional manipulation or special software.
(C) Upon request, an ACE provider shall produce instructor
and course evaluation forms for inspection by Board staff.
(6) Changes in Ownership or Operation of an approved
(A) An approved ACE provider shall obtain approval
of the Board at least 30 days in advance of any material change in
the operation of the provider, including but not limited to changes
(ii) management; and
(iii) the location of main office and any other locations
where courses are offered.
(B) An approved provider requesting approval of a change
in ownership shall provide a Principal Application Form for each proposed
new owner who would hold at least a 10% interest in the provider to
(1) If the Board determines that an ACE course or provider
no longer complies with the requirements for approval, the Board may
suspend or revoke approval for the ACE course or provider.
(2) Proceedings to suspend or revoke approval of an
ACE course or provider shall be conducted in accordance with §153.41
of this title.