(a) Required qualifications. An applicant applying for reciprocal licensure as a grain warehouse shall meet the following requirements:

1. (1)

   1. (A) The applicant shall hold a substantially similar license in another United States jurisdiction.
   2. (B) The applicant shall hold his or her occupational licensure in good standing.
   3. (C) The applicant shall not have had a license revoked for:

(i) An act of bad faith; or

1. (ii) A violation of law, rule, or ethics.

   1. (D) The applicant shall not hold a suspended or probationary license in a United States jurisdiction;
2. (2) The applicant shall be sufficiently competent in grain warehousing; and
3. (3) Satisfy the bonding and financial reporting requirements listed in 2 CAR § 29-103 of the Rules on Public Grain Warehouses in Arkansas and Arkansas Code § 2-7-201 et seq.

(b) Required documentation.

1. (1) An applicant shall submit a fully-executed application, the required fee, and the documentation described below.

2. (2)

   1. (A) As evidence that the applicant’s license from another jurisdiction is substantially similar to Arkansas’s, the applicant shall submit evidence of current and active licensure in another United States jurisdiction.
   2. (B) The Department of Agriculture may verify this information online if the jurisdiction at issue provides primary source verification on its website or by telephone to the other jurisdiction’s licensing board.

3. (3) To demonstrate that the applicant meets the requirement in subdivision (a)(1) of this section, the applicant shall provide the department with:

   1. (A) The names of all United States jurisdictions in which the applicant is currently licensed or has been previously licensed; and

   2. (B)

      1. (i) Letters of good standing or other information from each United States jurisdiction in which the applicant is currently or has ever been licensed showing that the applicant has not had his or her license revoked for the reasons listed in subdivision (a)(1)(C) of this section and does not hold a license on suspended or probationary status as described in subdivision (a)(1)(D) of this section.
      2. (ii) The department may verify this information online if the jurisdiction at issue provides primary source verification on its website or by telephone to the other United States jurisdiction’s licensing board.
4. (4) The applicant shall submit the bonding and financial reporting documentation required in 2 CAR § 29-103 of the Rules on Public Grain Warehouses in Arkansas and Arkansas Code § 2-7-201 et seq.