The board may license by endorsement an optometrist who holds a valid license that was obtained by examination from another state or territory of the United States if the applicant for licensure by endorsement: (1) Has engaged in the active practice of opt ometry for at least five (5) years immediately preceding his or her application for licensure; (2) Has not committed any act that would constitute a violation of this chapter and the administrative regulations promulgated under this chapter and is not the subject of any pending or unresolved board action or malpractice suit in this or any other state or territory; (3) Meets all of the qualifications for regular state licensure as set forth by the board; and (4) Has completed and submitted an application for licensure by endorsement to the board, submitted a nonrefundable fee to be determined by the board in administrative regulations of no more than seven hundred dollars ($700), and has authorized any state in which the applicant is licensed to submit inform ation to the board indicating whether or not the applicant is in good standing with the respective state's licensing board.
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