2) is referring to non-JD law degrees (LL.Ms, I suppose) which are accredited in the state in which the law school is located. In either case, I see no provision whatsoever for an unaccredited law school. The TX rules, as far as I can tell, explicitly require at least state bar accreditation.
Further, I will call the board and ask for additional clarification, and second, even if that clarification is not favorable, and I decide to go with a CA non-Acred, I would of course, still attempt this argument, as there is (as a matter of technical rhetoric) two ways to read the sentence, as written, with no comma.
Respectfully, I think you're missing the point.