Sec. 1022. DEPARTMENT OF VETERANS AFFAIRS TREATMENT OF FOR-PROFIT EDUCATIONAL INSTITUTIONS CONVERTED TO NONPROFIT EDUCATIONAL INSTITUTIONS
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## SEC. 1022 DEPARTMENT OF VETERANS AFFAIRS TREATMENT OF FOR-PROFIT EDUCATIONAL INSTITUTIONS CONVERTED TO NONPROFIT EDUCATIONAL INSTITUTIONS ###
(a)In General Subchapter II of chapter 36 of title 38, United States Code, is amended by adding at the end the following new section: > > ## “SEC. 3699B Treatment of certain for-profit educational institutions > > **[**[38 U.S.C. 3699B](/us/usc/t38/s3699B)**]** > > > ### “(a) In General > > In the case of any for-profit educational institution that is converted to a nonprofit educational institution, the State approving agency or the Secretary when acting as a State approving agency shall conduct annual risk-based surveys of the institution during the three-year period beginning on the date on which the educational institution is so converted. > > > ### “(b) Risk-based Survey Defined > > In this section, the term ‘risk-based survey’ means the risk-based survey developed under section 3673A of this title.” > . ###
(b)Clerical Amendment **[**[38 U.S.C. 3670](/us/usc/t38/s3670)**]** The table of sections at the beginning of such chapter is amended by inserting after the item relating to section 3699A the following new item:" “3699B. Treatment of certain for-profit educational institutions.” ". ###
(c)Applicability **[**[38 U.S.C. 3699B note](/us/usc/t38/s3699B)**]** Section 3699B of title 38, United States Code, as added by subsection (a), shall apply with respect to the conversion of a for-profit educational institution to a nonprofit educational institution, or the conversion of a for-profit educational institution to a public educational institution, that occurs on or after the date of the enactment of this Act.
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- 38 USC 3699B
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Sec. 1022
DEPARTMENT OF VETERANS AFFAIRS TREATMENT OF FOR-PROFIT EDUCATIONAL INSTITUTIONS CONVERTED TO NONPROFIT EDUCATIONAL INSTITUTIONS
Cite38 USC 3699B
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