Section 876IAC7-2-7. Significant changes

   (a) Any significant changes in the operation of the approved sponsor must be approved by the commission prior to the effective date of the change. Any change in the course outline of a previously approved course or request for approval of a new course must be approved by the commission prior to the course being offered or given. The commission shall review the changes to determine whether or not the sponsor shall continue to be approved. All requests for approval shall be submitted to the commission in electronic format.

  (b) Significant changes shall include the following:

(1) Change in ownership of the sponsor.

(2) A new school director.

(3) Any change in course outline.

(4) Any new course to be added.

  (c) Once a continuing education course outline has been approved through the continuing education sponsor, the course outline is approved for all continuing education sponsors. It shall be the responsibility of the continuing education sponsor to ensure that the commission has previously approved the course outline.

  (d) Notwithstanding subsection (c), the content of the course shall remain current with changes in law and industry trends. (Indiana Real Estate Commission; 876 IAC 7-2-7; filed May 22, 2014, 11:50 a.m.: 20140618-IR-876140061FRA, eff Jul 1, 2014)