(a) The Board shall place a licensee on inactive status and issue an inactive status certificate to the licensee, if the licensee:
(1) submits to the Board an application for inactive status on the form that the Board provides;
(2) pays to the Board an inactive status fee set by the Board; and
(3) except for the continuing education requirements set under § 2–312 of this subtitle, qualifies for an active license.
(b) A licensee on inactive status may not practice certified public accountancy in the State.
(c) (1) Unless a licensee on inactive status renews it as provided in this section, the licensee loses that status on the first December 31 that comes:
(i) after the inactive status certificate is issued to the licensee; and
(ii) in an even–numbered year.
(2) (i) At least 1 month before the inactive status of a licensee expires, the Board shall mail or electronically transmit to the licensee:
1. a renewal application form; and
2. a notice that states:
A. the date on which the inactive status expires; and
B. the amount of the inactive status fee.
(ii) If an electronic transmission under subparagraph (i) of this paragraph is returned to the Board as undeliverable, the Board shall mail to the licensee, at the last known address of the licensee, the materials required under subparagraph (i) of this paragraph within 10 business days of the date the Board received the notice that the electronic transmission was undeliverable.
(3) Before an inactive status expires, the licensee periodically may renew it for an additional 2–year term, if the licensee:
(i) otherwise is entitled to be placed on inactive status;
(ii) pays to the Board an inactive status fee set by the Board; and
(iii) submits to the Board a renewal application on the form that the Board provides.
(4) After an inactive status expires, the former licensee may reapply for inactive status without meeting the continuing education requirements to qualify for an active license under § 2–312 of this subtitle, only if the former licensee:
(i) otherwise is entitled to be placed on inactive status;
(ii) pays to the Board an inactive status fee set by the Board; and
(iii) reapplies to the Board for inactive status within 2 years after initial expiration of inactive status on a form that the Board provides.
(5) The Board shall renew the inactive status of each licensee or grant the reapplication for inactive status of each former licensee who meets the requirements of this subsection.
(d) The Board shall reactivate the license of a licensee who is on inactive status, if the licensee:
(1) complies with each continuing education requirement that the Board sets for this purpose;
(2) submits to the Board an application for reactivation; and
(3) pays to the Board a reactivation fee that is equal to the license fee set by the Board under § 2–311 of this subtitle.