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  1. (a) Any person who becomes a resident of Arkansas who has a valid license to carry a concealed handgun issued by a reciprocal state may apply to transfer his or her license to Arkansas by submitting the following to the Division of Arkansas State Police:

    1. (1) The person’s current reciprocal state license;

    2. (2) Two (2) properly completed fingerprint cards;

    3. (3) A nonrefundable license fee of thirty-five dollars ($35.00);

    4. (4) Any fee charged by a state or federal agency for a criminal history check; and

    5. (5) A digital photograph of the person or a release authorization to obtain a digital photograph of the person from another source.

  2. (b) After July 31, 2007, the newly transferred license is valid for a period of five (5) years from the date of issuance and binds the holder to all Arkansas laws and rules regarding the carrying of the concealed handgun.