(a) In addition to the renewal requirements under Section 561.003, the board shall require that a Class E pharmacy have on file with the board an inspection report issued:
(1) not more than three years before the date the renewal application is received; and
(2) by the pharmacy licensing board in the state of the pharmacy’s physical location, except as provided by Subsection (b).
(b) A Class E pharmacy may have on file with the board an inspection report issued by an entity other than the pharmacy licensing board of the state in which the pharmacy is physically located if the requirements of Section 560.052(f) are met.