1. (a) To obtain or renew an inactive license under AS 08.04.410, the holder of a license must submit

   1. (1) an application on a form provided by the department; and
   2. (2) the fee set out in 12 AAC 02.340(5).

2. (b) To resume the active practice of public accounting, the holder of an inactive license must submit

   1. (1) an application on a form provided by the department;
   2. (2) the applicable fee set out in 12 AAC 02.340; and
   3. (3) documentation that shows the applicant's completion of at least 120 hours of approved continuing education, in accordance with 12 AAC 04.310 - 12 AAC 04.410, during the 36 months immediately before the date of the application; no more than 16 of the hours required in this paragraph may be from continuing education programs described in 12 AAC 04.360(5).
3. (c) The hours of continuing education required in (b) of this section do not satisfy the continuing education requirement for a subsequent renewal of the reactivated license.

4. (d) Notwithstanding 12 AAC 04.300, a licensee whose license has been reactivated under this section shall complete at least

   1. (1) 10 hours of approved continuing education for each full calendar quarter between the date that the license was reactivated and the next renewal date; or
   2. (2) repealed 7/25/2001;
   3. (3) 80 hours of approved continuing education between the date that the permit was reactivated and the next renewal date.
5. (e) When a license is in "inactive" status, that status must be made clear by the licensee by the addition of "CPA-Inactive" or "CPA (inactive)" when using the CPA designation in any form, including on business cards, email signatures, websites, and social media accounts.
6. (f) When a license is in inactive status, the licensee may not practice public accounting or offer to practice public accounting.

(Eff. 1/18/78, Register 64; am 8/14/87, Register 103; am 4/7/95, Register 134; am 7/25/2001, Register 159; am 1/1/2008, Register 184; am 2/24/2022, Register 241; am 4/12/2024, Register 250)