| 3.__Waiver.__The board may waive the requirements of |
| subsections 2 and 3 for__an applicant who for at least 3 years |
| has held a valid license as a home contractor issued by a |
| jurisdiction outside of the State if the board determines that |
| the licensing requirements of the other jurisdiction are |
| substantially similar to those of this State and the board in the |
| other jurisdiction certifies that the licensee is in good |
| standing.__The out-of-state applicant is subject to all other |
| requirements of this chapter. |