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A pharmacist is authorized to enter into a prescriber-pharmacist agreement if the pharmacist:

(1) Is a licensed pharmacist;

(2) Has a Doctor of Pharmacy Degree or equivalent training as established in regulations adopted under this subtitle;

(3) Is approved by the Board to enter into a prescriber-pharmacist agreement with an authorized prescriber in accordance with this subtitle; and

(4) Meets the requirements that are established by regulations adopted under this subtitle.