(b)

1. (1) The applicant shall hold a substantially similar license in another United States jurisdiction.
2. (2) A license from another state is substantially similar to an Arkansas auctioneer license if the other state’s licensure requirements require a written examination demonstrating competency to act as an auctioneer.
3. (3) The applicant shall hold his or her auctioneer license in good standing.

4. (4) The applicant shall not have had a license revoked for:

   1. (A) An act of bad faith; or
   2. (B) A violation of law, rules, or ethics.
5. (5) The applicant shall not hold a suspended or probationary license in a United States jurisdiction.

(e) Required documentation. An applicant shall submit a full executed application, the required fee, and the documentation described below:

1. (1) As evidence that the applicant’s license from another jurisdiction is substantially similar to Arkansas’s, the applicant shall submit the following information:

   1. (A) Evidence of current and active licensure in that state; and
   2. (B) Evidence that the other state’s licensure requirements match those listed in subdivision (b)(2) of this section; and

2. (2) To demonstrate that the applicant meets the requirement in subdivisions (b)(3) – (b)(5) of this section, the applicant shall provide the board with:

   1. (A) The names of all states in which the applicant is currently licensed or has been previously licensed; and
   2. (B) Letters of good standing or other information from each state in which the applicant is currently or has ever been licensed showing that the applicant:

(i) Has not had his or her license revoked for the reasons listed in subdivision (b)(4) of this section; and

1. (ii) Does not hold a license on suspended or probationary status as described in subdivision (b)(5) of this section; and

   1. (C) Proof of having passed that state’s competency exam.