To obtain an operator's license, a person shall fulfill the following requirements:
(1) File an application as prescribed by the board;
(2) Possess a history of honesty, truthfulness, financial integrity, and fair dealing;
(3) Be at least eighteen years of age;
(4) Satisfy the board's examination and experience requirements;
(5) If a partnership, joint venture, corporation, or sole proprietorship, be under the direct management of a responsible managing employee or operator with an appropriate license;
(6) Submit satisfactory proof to the board that the person has obtained workers' compensation insurance or has been authorized to act as a self-insurer as required by chapter 386 or is excluded from the requirements of chapter 386;
(7) Submit satisfactory proof to the board that the person has obtained liability insurance, pursuant to section 460J-25; and
(8) Provide other documentation as required by the board.