3.3.2.1.1 Exception -- For-Profit Institutions. For-profit institutions shall be restricted, as follows: (Adopted: 10/30/14)

(a) A for-profit institution shall not have voting privileges at the annual NCAA Convention or any special Convention. The institution shall be entitled to three accredited delegates without voting privileges. Any of the accredited delegates shall be entitled to privileges of the floor and the right to active participation in the business proceedings;

(b) Representatives of a for-profit institution shall not be permitted to serve as a voting institution representative on an NCAA committee; and

(c) A for-profit institution shall not receive NCAA grants or financial distributions directly from the NCAA.