A. A person shall not:
(1) operate a career school or nonregionally accredited college or university within the state until that school has been licensed by the department;
(2) operate a regionally accredited college or university within the state until that college or university has registered with the department;
(3) deny enrollment to or make any distinction or classification of students in the program or practices of any post-secondary educational institution under the jurisdiction of the department on account of race, color, culture, ancestry, national origin, sex, age, religion or disability; or
(4) solicit, directly or through an agent or employee, the enrollment of any person in a post-secondary educational institution within the state by the use of fraud, misrepresentation or collusion.
B. Whoever violates any provision of this section may be assessed a civil penalty not to exceed five hundred dollars ($500) per day per violation. Civil penalties shall be credited to the current school fund as provided in Article 12, Section 4 of the constitution of New Mexico.
C. After an investigation, the department may take any one or a combination of the following disciplinary actions against a post-secondary educational institution registered or licensed in accordance with the Post-Secondary Educational Institution Act:
(1) revoke a license;
(2) revoke the registration, if the institution has had its regional accreditation revoked by its accrediting agency;
(3) assess a civil penalty as provided in Subsection B of this section; or
(4) impose probation requirements.