the school.
(4) A school shall maintain records of each student enrolled
in any course for a minimum of five years. The full class file and student
enrollment agreements must be retained for at least 12 months following completion
of the class.
(5) A school shall maintain financial records sufficient
to reflect at any time the financial condition of the school. A school's financial
statement and balance sheets must be available for audit by commission personnel,
and the commission may require presentation of financial statements or other
financial records.
(j) Advertising. The following practices are prohibited:
(1) using any advertising which does not contain the school's
name;
(2) representing that the school's program is the only
vehicle by which a person may satisfy educational requirement for licensing;
(3) conveying a false impression of the school's size,
importance, location, equipment or facilities;
(4) making unsubstantiated claims that the school's programs
are superior to any other course of instruction;
(5) promoting the school directly or indirectly as a job
placement agency, unless the school is participating in a program recognized
by federal, state, or local government and is providing job placement services
to the extent the services are required by the program; or
(6) making any statement which is misleading, likely to
deceive the public, or which in any manner tends to create a misleading impression.
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