(a) Inspection.--No private school may be granted a license or permitted to continue to operate under a granted license unless it permits the board and its representatives to inspect the school or classes and makes available to the board, at any time when requested to do so, full information pertaining to the operation of the school.

(b) Display of license.--The school shall prominently display on the premises the current approved license where it may be inspected by students, visitors and designated officials of the board.

(c) Advertising.--The advertising and representations made by any person representing the school or classes shall neither misrepresent any fact relating to the school nor mislead prospective students.

(e) Condition of premises.--The premises, equipment and conditions of the school or classes shall be adequate, safe and sanitary in accordance with standards of the Commonwealth or any of its political subdivisions that are applicable to the premises and equipment.

(f) School closure.--A school shall notify the board at least 30 calendar days in advance of a school closure. A license or registration shall automatically terminate when the school closes. If a school is planning to close or if the school faces a situation that could result in closure, the school must provide the board with a teach-out plan, a list of all current students with contact information and copies of current student transcripts for students who are currently enrolled. A school that is closing is responsible for ensuring completion by all current students or placement of all current students in an appropriate teach-out or transfer program, ensuring that all student academic records are securely placed in the repository of student records provided for in section 4(b.1)¹ or with another approved repository within one week of the date of closure and providing contact information for a responsible school official for up to one year following the date of closure.