The commissioner may issue a license or register a person under this chapter, without giving an examination, if the person is licensed or registered in another state and:
(1) the requirements for licensing or registration under which the well or boring contractor was licensed or registered do not conflict with this chapter;
(2) the requirements are of a standard not lower than that specified by the rules adopted under this chapter; and
(3) equal reciprocal privileges are granted to licensees or registrants of this state.
A well or boring contractor must apply for the license or registration and pay the fees under the provisions of this chapter to receive a license or registration under this section.