1. 1. The board of private investigator examiners shall require as a condition of licensure as a private investigator that the applicant pass a written examination as evidence of knowledge of investigator rules and regulations.
2. 2. The department shall conduct a complete investigation of the background of each applicant for licensure as a private investigator to determine whether the applicant is qualified for licensure under sections 324.1100 to 324.1148. The board shall and will outline basic qualification requirements for licensing as a private investigator and agency.

3. 3. In the event requirements have been met so that testing has been waived, qualification shall be dependent on a showing of, for the two previous years:

   1. (1) Registration and good standing as a business in this state; and
   2. (2) Two hundred fifty thousand dollars in business general liability insurance.
4. 4. The board may review applicants seeking reciprocity. An applicant seeking reciprocity shall have undergone a licensing procedure similar to that required by this state and shall meet this state's minimum insurance requirements.

(L. 2007 H.B. 780 merged with S.B. 308)