[§466L-8]  Criminal history record checks.  [See Note at chapter heading.]  (a)  The application submitted pursuant to section 466L-7 shall contain the information and authorizations necessary to conduct a criminal history record check in accordance with section 846-2.7 for:

     (1)  Each person applying for registration who owns more than ten per cent of an appraisal management company; and

     (2)  Each of the applicant's controlling persons.

     (b)  The information and authorizations shall be accompanied by the appropriate payment of the applicable fee for each record check. [L 2017, c 118, pt of §2]