The board may issue a license to an applicant that:
(1) Submits an application on a form prescribed by the board;
(2) Pays the application fee set by rules promulgated by the board pursuant to chapter 1-26, not to exceed one hundred seventy-five dollars;
(3) Is eighteen years or older, and a citizen of the United States or a resident of South Dakota;
(4) Is of good moral character;
(5) Is a graduate of an optometric school or college approved by the Accreditation Council on Optometric Education or the board;
(6) Has passed all required sections of a national board examination approved by the board; and
(7) Has committed no act for which disciplinary action may be justified.