Every person applying for an initial agent license or renewal license shall be qualified as follows:

1. (1) Must be of legal age or must have had disabilities of minority removed for all general purposes;
2. (2) Must be a resident of this state or a licensed resident automobile club or association agent of another state which will permit residents of Arkansas to act as an automobile club or association agent in the other state;
3. (3) Must be recommended and appointed by an authorized automobile club or association;

4. (4) Must be deemed by the Insurance Commissioner to be:

   1. (A) Competent;
   2. (B) Trustworthy;
   3. (C) Financially responsible;
   4. (D) Of good personal and business reputation; and
   5. (E) Of good moral character, ability, and integrity; and
5. (5) Must have had sufficient experience, education, or training as to the kinds of insurance and other motor club services defined in Arkansas Code § 23-77-101(2) which he or she will be selling or offering for sale to prospective Arkansas members of automobile clubs or associations.