Notwithstanding Section 480, the board may deny an application for licensure under this chapter if any of the following conditions apply:
(a) The applicant has been convicted of a crime or subjected to formal discipline that would be grounds for denial of a federal registration to distribute controlled substances.
(b) The applicant has been convicted of a crime involving fraud in violation of state or federal laws related to health care.
(c) The applicant has been convicted of a crime involving financial identify theft.