1. The Board shall:
(a) Adopt regulations governing the administration of the Private Elementary and Secondary Education Authorization Act.
(b) Establish minimum criteria, in conformity with NRS 394.241, which applicants for a license or agent’s permit must meet before a license or permit is issued. The criteria must be sufficient to effectuate the purposes of the Private Elementary and Secondary Education Authorization Act but not unreasonably hinder legitimate educational innovation.
2. The Superintendent shall administer the provisions of the Private Elementary and Secondary Education Authorization Act in accordance with the regulations of the Board. The Superintendent shall:
(a) Receive, investigate as necessary and act upon applications for licenses and agents’ permits.
(b) Maintain a list of agents and private elementary and secondary education institutions authorized to operate in this State. The list shall be available for the information of the public.