(a) A temporary license to practice podiatric medicine in this state may be issued to a person who meets all the qualifications for licensure with the exception of the residency requirement while participating in a full-time podiatric residency program. This program must be approved by the Council on Podiatric Medical Education of the American Podiatric Medical Association. This person shall practice under the supervision of a licensed and qualified podiatrist of this state. The Arkansas Board of Podiatric Medicine must be notified in writing of this supervisory status by the residency director of the program. The board shall also receive in writing the name of the podiatrist who will act as the supervisor and an agreement to act in the capacity of a supervisor.

(b) The temporary license will be in effect for a period of one (1) year after the date of issue. The board shall not issue a certificate to practice podiatric medicine if the applicant does not present proof of the successful completion of the residency program.

(c) A podiatrist practicing podiatric medicine with a temporary license may be suspended or may have the temporary license revoked under the same provisions for the revocation of licensure or suspension of a fully licensed podiatrist.

(d) The board shall not issue a certificate to practice podiatric medicine if the applicant does not present proof of the successful completion of the residency program. The proof of residency completion accompanied by the licensing renewal fee must be presented to the board within thirty (30) days of completion of the residency program or the applicant shall be required to submit a new application for licensure.