(1) The board may, on a case-by-case basis, enter into a reciprocity agreement with another state or jurisdiction whose requirements are substantially equivalent or greater than the standards of this state for purposes of issuing a license.

(2) The board shall issue a license by endorsement to an applicant provided that the applicant:

(a) files a completed application with the required fees; and

(b) holds a current, valid license in good standing to practice in the category applied for in another state or jurisdiction.

(3) A license that was issued by a city, county, or other similar municipality will not be considered for licensure by reciprocity or endorsement.