(1) is at least twenty-one years of age;

(2) is a citizen of the United States;

(3) establishes that he is a person of honesty, truthfulness, integrity, and moral fitness;

(4) has not been convicted of a felony or a misdemeanor involving moral turpitude;

(5) holds a baccalaureate degree from a college or university accredited by the American Association of Collegiate Registrars and Admissions Officers or is a graduate of an accredited high school and has five consecutive years of active investigative experience immediately preceding his application;

(6) is a graduate of a polygraph examiners’ course approved by the division and satisfactorily has completed not less than six months of internship training. However, if the applicant is not a graduate of an approved polygraph examiners’ course, satisfactory completion of not less than twelve months of internship training may satisfy this item;

(7) has passed an examination conducted by the division or under its supervision to determine his competency to obtain a license to practice as an examiner;

(8) before the issuance of a license, furnishes to the division evidence of a surety bond, insurance policy, or other surety acceptable to the division. The surety bond, insurance policy, or other surety acceptable to the division must be five thousand dollars and conditioned that the obligor will pay to the extent of the face amount of the surety bond, insurance policy, or other surety acceptable to the division judgments which may be recovered against the licensee by reason of wrongful or illegal acts committed by him in the course of his examinations. To retain licensure a surety bond, insurance policy, or other surety acceptable to the division must be maintained, and a change in coverage must be reported to the division within thirty days.