Sec. 10.5. (a) A national or regional accreditation agency that seeks to be recognized by the state board for purposes of awarding accreditation to nonpublic schools in Indiana shall submit to the state board a completed application for recognition form established by the state board.
(b) The state board shall, not later than six (6) months after the date a national or regional accreditation agency submits a completed application for recognition form under this section, approve or deny recognition of the national or regional accreditation agency.
(c) If the state board denies recognition of the national or regional accreditation agency, the state board shall send a notice to the national or regional accreditation agency stating the reasons for denying recognition.
(d) The department shall post a copy of the application for recognition form as required under IC 20-19-3-21.