(1) The director shall issue a license by endorsement to engage in the practice of audiology in this state to an individual who possesses an active license in good standing to practice audiology in another state or territory of the United States or in a foreign country if the applicant:
(a) Presents satisfactory proof to the director that the individual possesses a valid license from another state or jurisdiction that requires qualifications substantially equivalent to the qualifications for licensure in this state and meets all other requirements for licensure pursuant to this article; and
(b) Pays the license fee established under section 24-34-105, C.R.S.
(2) The director may specify by rule what constitutes substantially equivalent qualifications for the purposes of this section.
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