Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 2010 - Missouri State Board of Accountancy
Chapter 4 - Continuing Education Requirements
Section 20 CSR 2010-4.035 - Inactive, Expired, and Lapsed Licenses

(1) A licensee who is not practicing public accounting, as defined in section 326.256.1(18), RSMo, in any setting may be granted an inactive license. An inactive licensee may use the CPA designation only with the word "inactive," "retired," or "ret."

(2) Licensees seeking an inactive license shall apply in writing on the form provided by the board and must submit biennial renewal applications in order to maintain inactive status.

(3) Licensees applying for inactive status shall pay an inactive application fee and a biennial renewal fee as set forth by rule.

(4) Individuals who hold a C PA certificate, and are not practicing public accounting in any form, are not required to hold an inactive license in order to continue to use the CPA designation as set forth in section 326.292, RSMo.

(5) Licensees may allow their license to expire in lieu of an inactive license status. An individual not applying for renewal continues to hold an expired license and may apply for late renewal through December 31 of the year the license is expired. Individuals who apply for a late license renewal are deemed to hold the license for the entire calendar year and must comply with the continuing professional education requirements. After December 31, the individual is deemed to hold a lapsed license.

(6) Individuals who hold an expired or lapsed license shall not practice public accounting nor use the CPA designation in any form, as provided by section 326.292, RSMo.

(7) Individuals who hold a lapsed or inactive license may return to active status by applying for reinstatement of license as defined in 20 CSR 2010-2.075.