The Board may issue a retired status license to an individual who: is currently licensed by the Board to practice architecture; has been a licensed architect for at least 25 years, of which 5 years have been in Maryland; is not the subject of a pending disciplinary action related to the practice of architecture in this or another state; submits to the Board an application on the form provided by the Board; and pays to the Board a fee set by the Board. The holder of a retired status license issued under this section: may use the designation of “architect emeritus”; but may not engage in the practice of architecture. The Board may reactivate the license of an individual who holds a retired status license if that individual: submits to the Board an application for reactivation on the form provided by the Board; meets all continuing professional competency requirements that would have been required for renewal of a license under § 3–309.1 of this subtitle if the individual had not been issued a retired status license; is not the subject of a pending disciplinary action related to the practice of architecture in this or any other state; and pays to the Board a reactivation fee set by the Board.