(a) As used in Arkansas Code § 23-39-505(c), a person shall be considered to have acquired experience in mortgage lending if:

1. (1) During any documented period, that person's employment income was principally derived from employment in the banking, mortgage banking, mortgage brokerage, or real estate industry; or
2. (2) That person has passed either the Uniform Certified Public Accountants Exam, or a state bar exam, and that person remains in good standing.