A. A registrant who is not actively engaged in the practice of accounting in this state for a fee or other compensation may request that the registrant's certificate be placed on inactive status by meeting the requirements for inactive status and completing the forms prescribed by the board. A registrant whose certificate is under a disciplinary order by the board, except for suspension for nonregistration pursuant to section 32-741.01, or against whom disciplinary proceedings have been initiated may not place or maintain a certificate on inactive status.
B. A registrant whose certificate is on inactive status:
1. Shall continue to register once every two years with the board and pay fifty percent of the registration fee and one hundred percent of any applicable late fee pursuant to section 32-729.
2. Shall not engage in the practice of accounting in this state for a fee or other compensation while the registrant's certificate remains on inactive status.
3. In this state shall not assume or use the title or designation of "certified public accountant" or "public accountant" or the abbreviation "C.P.A.", "CPA", "P.A." or "PA" while the registrant's certificate remains on inactive status unless accompanied by the word "inactive".
C. A registrant may request that the registrant's certificate be reactivated if the certificate has been inactive for six years or less and if the registrant meets all of the following requirements:
1. Files an application for renewal on the form prescribed by the board and pays the registration fee pursuant to section 32-729.
2. Submits proof that the registrant has satisfied continuing professional education requirements as prescribed by the board.
3. Affirms that the registrant has not engaged in any conduct that would constitute grounds for revocation or suspension of a certificate pursuant to section 32-741.
D. A registrant may reactivate an inactive certificate pursuant to subsection C of this section only once.
E. A certificate expires if it has been inactive for more than six years.
F. Subsections D and E of this section do not apply if inactive status is approved by the board for good cause based on a registrant's disability.