(a) Subject to the provisions of this section, the Board shall issue a pre–need trustee license to an applicant if the applicant:
(1) Applies to the Board on an application provided by the Board;
(2) Has been actively licensed in good standing by the Board for a minimum of 5 years while working in a facility that has accepted pre–need contracts and who can provide proof to the Board that these services have been provided by the applicant;
(3) Has been appointed as a pre–need trustee by the holder of an executor license issued under § 7–308.1 of this subtitle;
(4) Is of good moral character; and
(5) Pays the required fee.
(b) (1) While a pre–need trustee license is effective, the license authorizes the license holder to manage pre–need accounts held by a funeral establishment until the closing or sale of the funeral establishment.
(2) Notwithstanding the provisions of § 7–314 of this subtitle, a pre–need trustee license is valid from the date of issuance until the date of expiration of the license of the executor who appointed the license holder as a pre–need trustee under subsection (a)(3) of this section.
(c) The holder of a pre–need trustee license issued under this section may be the supervising mortician in a funeral establishment.