Each assisted living program in the State shall notify a resident or prospective resident in writing or by written electronic communication if: The assisted living program does not maintain professional liability insurance coverage; or The assisted living program’s professional liability insurance coverage has lapsed for any period of time and has not been renewed. The notification under subsection (a) of this section shall be: Provided to a prospective resident: At the first visit by the prospective resident during any period in which an assisted living program does not maintain professional liability insurance; and If the assisted living program does not maintain professional liability insurance at the time the prospective resident applies for admission, at the time of application; and If the professional liability coverage lapses, provided to each resident within 30 days after the date the coverage lapsed; Signed by: The prospective resident at the time of application for admission; or The resident at the time the notification of the lapse in coverage is provided under item (1)(ii) of this subsection; and Retained by the assisted living program as part of the assisted living program’s records. Each facility–based assisted living program in the State that does not maintain professional liability insurance coverage shall post a notification in a conspicuous place visible to residents and guests that the assisted living program does not maintain professional liability insurance.