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(a) The Board shall place a licensee on inactive status, if the licensee submits to the Board:

(1) An application for inactive status on the form required by the Board; and

(2) The inactive status fee set by the Board.

(b) A licensee on inactive status may reactivate the license at any time if the licensee:

(1) Complies with the continuing education requirements in effect for the renewal period in which the licensee seeks to reactivate the license; and

(2) Pays the reinstatement fee set by the Board.