A. The superintendent shall waive any requirements for a nonresident license applicant with a valid license from the applicant’s home state, except the requirements imposed by Section 23 [59A-11-24 N.M. Stat. Ann.] of this 2016 act, if the applicant’s home state awards nonresident licenses to residents of this state on the same basis.

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B. A nonresident licensee’s satisfaction of the nonresident licensee’s home state’s continuing education requirements shall constitute satisfaction of the continuing education requirements if the nonresident licensee’s home state recognizes the satisfaction of its continuing education requirements imposed upon licensees from New Mexico on the same basis.