The Arkansas State Medical Board shall charge the following fees:
(1)
(A) For application for license by examination or by credentials, four hundred dollars ($400).
(B) If it is determined by the board that the credentials of the applicant are insufficient or the applicant withdraws his or her application before taking the examination, the board may return such portion of the fee as allowed by the rules of the board;
(2) For a temporary license or permit, fifty dollars ($50.00) for each six-month period;
(3) For certification of licentiate to another state, fifteen dollars ($15.00); and
(4)
(A)
(i) For annual license or reregistration fee, seventy dollars ($70.00).
(ii) Except as provided in subdivision (4)(C) of this section, an annual license or reregistration fee is to be imposed upon each physician who holds a license to practice medicine in the State of Arkansas.
(B) The annual license or reregistration fee may be changed by the board provided that the amount shall be fixed by the board not less than sixty (60) days in advance of January 1 of each year.
(C) The board shall waive the annual license or reregistration fee of a physician who:
(i) Holds a license to practice medicine in the State of Arkansas; and
(ii) Is an active-duty member of the military.