The Division shall not issue a commercial driver training school license to any individual, partnership, group, association or corporation unless:

1. The individual, partnership, group, association or corporation has at least one motor vehicle registered or leased in the name of the school, which vehicle has been inspected by a representative of the Division and vehicle insurance certified as required by this Subchapter for use by the school for driver training purposes and driver instruction.
   
   
2. The individual, partnership, group, association, or corporation has at least one person licensed by the Division as a commercial driver training instructor for that school.
   
   
3. Each manager, owner-operator, or instructor of a commercial driver training school or branch shall:
   
   
   1. be of good moral character;
   2. have at least four years of experience as a licensed operator of a motor vehicle;
   3. not have been convicted of a felony or convicted of a misdemeanor involving moral turpitude in the ten years immediately preceding the date of application;
   4. not have had a revocation or suspension of his Class A, B or C license in the two years immediately preceding the date of application.