1. A certified or licensed appraiser or registered intern shall notify the Division in writing if he or she is convicted of, or enters a plea of guilty, guilty but mentally ill or nolo contendere to, a felony relating to the practice of appraisers or any offense involving moral turpitude.
2. A certified or licensed appraiser or registered intern shall submit the notification required by subsection 1:
(a) Not more than 10 days after the conviction or entry of the plea of guilty, guilty but mentally ill or nolo contendere; and
(b) When submitting an application to renew a certificate, license or registration card issued pursuant to this chapter.