(a) Any person who becomes a resident of Arkansas and who has a valid license to carry a concealed handgun issued by another state may apply to transfer his or her license to Arkansas by submitting the following packet to the Division:
(1) A properly completed Division transfer application form;
(2) The person's current, original out-of-state license (if the concealed handgun carry license is contained on the driver's license of that state, then other suitable documentation as outlined by the Division will be required);
(3) Two (2) properly completed, classifiable and legible fingerprint cards;
(4) A nonrefundable license transfer fee as set by law; and
(5) Any fee charged by a state or federal agency for a criminal history check.
(b) The license is valid for a period of five (5) years from the date of issuance and binds the holder to compliance with all Arkansas laws and Rules regarding the carrying of the concealed handgun.
(c) The minimum Arkansas residency requirement of ninety (90) days does not apply to applicants for a transfer of a license to carry a concealed handgun from another state.
