(a) The certificate of prescriptive authority is lapsed if:

1. (1) The licensee’s active advanced practice registered nurse license is not renewed by the expiration date;
2. (2) The national certification upon which licensure is based expires;
3. (3) The advanced practice license is placed on inactive or retired status; or
4. (4) There is not a current collaborative practice agreement, if required, on file with the Arkansas State Board of Nursing.

(b) Any person engaged in prescribing during the time his or her certificate of prescriptive authority has lapsed shall be:

1. (1) Considered an illegal practitioner; and
2. (2) Subject to the penalties provided for violation of the Nurse Practice Act.