Before a reciprocal license or a reciprocal registration expires, the licensee or registrant periodically may renew it for an additional term, if the licensee or registrant: otherwise is entitled to be licensed or registered; pays a renewal fee to: the State Board as required under this title; or the local jurisdiction from which the reciprocal registration is sought; and meets any other requirement for renewal set by: the State Board; or the local jurisdiction from which the reciprocal registration is sought. A reciprocal license or reciprocal registration issued to an individual who has failed to renew the license or registration may not be reinstated. A reciprocal license or a reciprocal registration issued under this subtitle is not transferable.