(a) Requirements. The department may issue a limited faculty license to practice podiatry only for purposes of instruction in an educational institution to a podiatrist who has not completed the jurisprudence examination required in §130.40(a)(5), if the applicant:(1) at the time of applying for a limited faculty license has accepted an appointment or is serving as a full-time member of the faculty of an educational institution in this state offering an approved or accredited course of study or training leading to a degree in podiatry;(2) holds a license to practice podiatry from another state with licensing requirements that are substantially equivalent to the requirements established by this subchapter; and(3) otherwise satisfies the requirements of this section.(b) License Term. A limited faculty license to practice podiatry is valid for two years.(1) The department will terminate a limited faculty license immediately upon receiving notice that the faculty appointment of the podiatrist holding the license is terminated.(2) The termination of a limited faculty license does not prohibit or otherwise impair the ability of a podiatrist to apply for or hold another license type issued under this subchapter.