(1) An individual licensee, or an authorized agent on behalf of a licensed business organization, may request inactive status on a renewal form or by informing the board office in writing. The inactive license holder must keep the board informed of any change of address during the period of time the license remains on inactive status and pay the inactive renewal fee annually to avoid expiration or termination of the license.
(2) A licensee may not practice or conduct business while the license is in an inactive status.
(3) The inactive license holder may convert the license to active status by submitting an application on a form prescribed by the department, and the following:
(a) payment of the license renewal fee;
(b) evidence that licensure in other jurisdictions is unrestricted and in good standing;
(c) evidence of required employment by a licensed security company (resident managers, security guards, alarm response runners, and security alarm installers);
(d) evidence of current insurance or bonding as required by ARM 24.182.405; and
(e) evidence of successful completion of continuing education requirements as required by ARM 24.182.2101 and 24.182.2103.
(4) Private investigators, resident managers, and process servers must successfully complete the examination required by ARM 24.182.505 when converting their inactive license to an active license if their license has been on inactive status for more than five years.