The board shall approve the issuance of a license to an applicant who holds a valid license to practice veterinary medicine in another state, territory, or country if the applicant (1) has graduated from an accredited school of veterinary medicine or has successfully completed the Educational Commission for Foreign Veterinary Graduates certification, the Program for the Assessment of Veterinary Education Equivalence certification, or another certification process approved by the board;
(2) has been engaged in the active practice of veterinary medicine for at least five of the seven years before filing the application;
(3) has passed the written examination of the state on specific Alaska issues of veterinary practice;
(4) is in good standing, as defined by the board in regulations; and
(5) has paid required fees.