2. A model management company or model management group shall be exempt from the registration requirements specified in this section if such model management company or model management group:
- (a) submits a properly executed request for an exemption from registration to the department;
- (b) is domiciled outside this state and is licensed or registered as a model management company in another state that has requirements at least as strict as this article; and
- (c) does not maintain an office in this state or solicit in any manner clients located or domiciled within this state.