(a) A private, degree granting post-secondary education institution may not operate in the Virgin Islands, unless it has been accredited by an accrediting association recognized by the United States Department of Education.
(b) Agents of any degree granting post-secondary education institution that has not been accredited by an accrediting association recognized by the United States Department of Education may not solicit resident students.
(c) Unless a private, degree granting post-secondary education institution is accredited as provided in subsection (a), no official or employee of the Virgin Islands Department of Education or the University of the Virgin Islands or any school district of the territory may:
(1) permit the institution, or proprietor or agent of the institution, to solicit business in or from any public school within the Virgin Islands; or
(2) provide any list of students or list of prospective students to the institution, or proprietor, or agent of the institution.