A person applying for registration as an appraisal management company shall designate an individual to serve as a controlling person that will be the main contact for all communication between the Commission and the appraisal management company. The controlling person designated under subsection (a) of this section shall: have never had a license or certificate to act as an appraiser refused, denied, canceled, revoked, or surrendered in any state, unless the license or certificate was subsequently granted or reinstated; be of good character and reputation, as determined by the Commission; and submit to a background investigation, as determined by the Commission.