Sec. 12.3. (a) Subject to IC 25-1-2-6(e), an associate license issued by the board under this chapter is valid for the remainder of the renewal period in effect on the date the license was issued.
(b) An individual may renew an associate license two (2) times by:
(1) paying a renewal fee on or before the expiration date of the license; and
(2) completing at least twenty (20) hours of continuing education each licensure year.
(c) The board may renew an associate license for additional periods based on circumstances determined by the board.
(d) If an individual fails to pay a renewal fee on or before the expiration date of an associate license, the associate license becomes invalid.