KRS 324A.047: Inactive status for certificate or license -- Effect -- Reactivation.

(1) (a) Upon written request, any certificate holder or licensee may request to place

his or her certificate or license in inactive status for a period not to exceed

three (3) years.

(b) The written request shall be made by completing a signed and sworn affidavit

on a form approved by the board.

(c) The board may require a fee in an amount to be determined by the board

through an administrative regulation promulgated in accordance with KRS

Chapter 13A for each change in status of the certificate holder or licensee.

(d) A license issued to an individual as an associate real property appraiser shall

not be eligible for inactive status.

(2) No inactive status certificate holder or licensee shall:

(a) Assume or use any title, designation, or abbreviation likely to create the

impression that he or she holds a certificate or license issued by the board;

(b) Describe or refer to any appraisal or evaluation of real property by th e term,

"state certified," "state licensed," or words of substantially similar meaning; or

(c) Prepare real property appraisals for federally related transactions which, under

Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act

of 1989, require the services of a state-certified or state-licensed appraiser.

(3) To return to active status, a certificate holder or licensee shall:

(a) Petition the board for reactivation of the certificate or license;

(b) Pay the applicable renewal fee and roster fee required by this chapter; and

(c) 1. Provide evidence of completion of the biennially required continuing

education hours, as established by the board and promulgated in

administrative regulations, if in inactive status for two (2) or more years;

or

2. a. Provide evidence of completion of at least half of the required

continuing education hours, as established by the board and

promulgated in administrative regulations, if in inactive status for

less than two (2) years.

b. If providing evidence of half of the required continuing education

hours, once the certificate holder or licensee returns to active

status the remaining continuing education hours shall be

completed within six (6) months.

(4) A certificate holde r or licensee who petitions to return to active status after an

inactive period exceeding three (3) years shall be required to meet all the

requirements for original issuance of a license or certificate under this chapter.

(5) Violation of subsection (2) o f this section shall be grounds for disciplinary action

under this chapter.