The Board shall place a licensee on inactive status if the licensee: Submits to the Board an application for inactive status on the form required by the Board; and Pays to the Board the inactive status fee set by the Board. The Board shall reactivate the license of an individual placed on inactive status if the individual: Satisfies the continuing education requirements established by the Board; Pays to the Board a reactivation fee set by the Board; and Submits to a criminal history records check in accordance with § 5–302.1 of this subtitle. The Board, in accordance with its regulations, shall reinstate the license of an individual who failed to renew a license for any reason if the individual: Otherwise is entitled to be licensed; Satisfies the continuing education requirements established by the Board; Pays to the Board a reinstatement fee set by the Board; Applies to the Board for reinstatement of a license within 5 years after the expiration of the license; and Submits to a criminal history records check in accordance with § 5–302.1 of this subtitle. The Board may not reinstate the license of an individual who fails to apply for reinstatement of the license within 5 years after the expiration of the license. An individual who fails to apply for reinstatement of a license within 5 years after the expiration of the license may become licensed by meeting the requirements for obtaining an initial license under this title.