Qualified Institution Law and Legal Definition
According to 15 USCS § 1352 (c) [Title 15. Commerce and Trade; Chapter 37. State Technical Services] the term qualified institution means “(1) an institution of higher learning with a program leading to a degree in science, engineering, or business administration which is accredited by a nationally recognized accrediting agency or association to be listed by the United States Commissioner of Education [Secretary of Education], or such an institution which is listed separately after evaluation by the United States Commissioner of Education [Secretary of Education] pursuant to this subsection; or (2) a State agency or a private, nonprofit institution which meets criteria of competence established by the Secretary of Commerce and published in the Federal Register. For the purpose of this subsection the United States Commissioner of Education [Secretary of Education] shall publish a list of nationally recognized accrediting agencies or associations which he determines to be reliable authority as to the quality of science, engineering, or business education or training offered. When the Commissioner [Secretary of Education] determines that there is no nationally recognized accrediting agency or association qualified to accredit such programs, he shall publish a list of institutions he finds qualified after prior evaluation by an advisory committee, composed of persons he determines to be specially qualified to evaluate the training provided under such programs.”
Legal Definition list
- Qualified Industry Organization
- Qualified Indorsement
- Qualified Individual With Handicaps
- Qualified Individual with a Disability
- Qualified Individual [Tax Law]
- Qualified Institution
- Qualified Institutional Buyer [Securities]
- Qualified Intermediary
- Qualified Investments
- Qualified Joint and Survivor Annuity [Internal Revenue]
- Qualified Joint Venture [Internal Revenue]
Related Legal Terms
- 1862 Institution
- 1890 Institution
- 1994 Institution
- Academic Institution
- Accredited Educational Institution
- Adult Care Institution
- Adult Correctional Institution [Education]
- Alternate Payee to Qualified Domestic Relations Order
- Asian American and Native American Pacific Islander-Serving Institution
- Assisted Institutions
