(a) A credit card issuer may not engage in campus credit card marketing activities:
(1) outside of a campus location designated by the governing board of the postsecondary educational institution for that purpose in accordance with Subsection (b); or
(2) at a time other than a time designated by the governing board in accordance with Subsection (b).
(b) The governing board of a postsecondary educational institution may designate:
(1) one or more locations on campus where a credit card issuer may engage in campus credit card marketing activities; and
(2) one or more times during which a credit card issuer may engage in campus credit card marketing activities.