Section 49-7-2020 - Addendum to enrollment agreement regarding conditional basis of institution's authorization to operate(a)(1) Authorized postsecondary educational institutions shall provide an addendum to any enrollment contract or agreement entered into on or after notification is received by the institution of a final decision by the commission that its authorization or reauthorization is on a conditional basis; provided, that the final decision includes a determination by the commission that public disclosure is necessary to protect the public interest. A final decision of the commission may be reviewed as provided for in § 49-7-2012. The addendum must notify the student of the conditional authorization. The addendum must be entitled "Notice of Conditional Authorization" and must be signed and dated by the student.(2) If the institution has been notified of a final decision to place it on conditional authorization as provided in subdivision (a)(1), then the statement must explicitly set forth the standards that the institution failed to meet and the conditions under which the executive director or the commission placed the institution on conditional authorization. The commission shall specify in the final decision the matters required to be disclosed in the statement. The statement must also state that continued failure to meet the conditions may result in revocation of authorization. All information concerning conditional authorization must be in bold face type.(b) The information required under subsection (a) shall also be posted on the institution's website in bold face type.Amended by 2022 Tenn. Acts, ch. 1044, s 31, eff. 7/1/2022. Acts 2008 , ch. 1103, § 3.