Section 2136. Reciprocity

The superintendent shall waive any requirements
  for a nonresident license  applicant  otherwise  applicable  under  this
  chapter if:
    (a)  the  applicant has a current and valid license in his or her home
  state and is in good standing in his or her home state;
    (b) the applicant has submitted a completed application  in  the  form
  prescribed  by  the  superintendent  or  submitted  the  application for
  licensure submitted to his or her home state;
    (c) the applicant has paid the fees required by this chapter; and
    (d) the applicant's home state awards nonresident  insurance  producer
  licenses  to  residents  of  this state on the same basis as provided in
  this subsection.