(a) The following acts when committed by an individual licensed as a private investigator or a private investigator apprentice, or employed by or contracting with a private investigation agency, shall constitute a violation punishable as a Class A misdemeanor:
(1) To knowingly make a material misrepresentation as to the ability of the individual to perform the investigation required by a potential client in order to obtain employment.
(2) To make unsubstantiated monetary charges to a client for services not rendered or transportation not utilized.
(3) To knowingly make a false report to a client in relation to the investigation performed for a client.
(4) To continue an investigation for a client when it becomes obvious to the investigator that a successful completion of an investigation is unlikely without first advising the client and obtaining the approval of the client for continuation of the investigation.
(5) To reveal information obtained for a client during an investigation to another individual except as required by law.
(b) Individuals licensed pursuant to this article shall report any suspected instances of child abuse or neglect to a local law enforcement agency or the Department of Human Resources, or both.