A. A religious educational institution may not advertise that it is approved to operate in Maryland as an institution of postsecondary education.
B. An institution granted an exemption as a religious educational institution under this chapter shall post on its website and in all advertising the following statement:
"[Institution Name] is a religious educational institution operating in the State of Maryland pursuant to an exemption granted by the Maryland Higher Education Commission, without a certificate of approval from the Commission, as specified in the Code of Maryland Regulations 13B.02.04."