Sec. 6. If an individual who has been issued a mortgage loan originator license under this article, or a license or registration issued by another state or jurisdiction allowing the individual to perform mortgage loan origination activities:
(1) allows the individual's license or registration to lapse; or
(2) otherwise has not been a registered mortgage loan originator, been issued a mortgage loan originator license, or otherwise maintained a license or registration to perform mortgage loan origination activities;
for a period of at least five (5) years, the individual must pass the written examination required by this chapter as a condition of relicensure or reregistration.