(a) To elect to be placed on inactive status, a license holder must do the following:
(1) file a request for inactive status on a form approved by the Board; and
(2) confirm in writing to the Board that the license holder has given written notice of its election to go inactive to all appraisers listed on the license holder's appraiser panel at least 30 days prior to filing the request for inactive status.
(b) In order to return from inactive status to active status, a license holder must submit to the Board a completed Request for Active Status form and proof of compliance with all outstanding requirements for active registration.
(c) A license holder that has elected or been placed on inactive status may not engage in any activity for which registration is required until an active registration has been issued by the Board.
(d) The appraiser panel of a license holder on inactive status will remain in place.
(e) A license holder may renew on inactive status. To renew on inactive status, a license holder must satisfy:
(1) all requirements under subsection (a) of this section; and
(2) all renewal requirements for an active registration under §159.108 of this chapter.
Source Note: The provisions of this §159.109 adopted to be effective November 3, 2011, 36 TexReg 7320; amended to be effective September 11, 2013, 38 TexReg 5879; amended to be effective December 14, 2014, 39 TexReg 9668; amended to be effective December 25, 2022, 47 TexReg 8272