Rule 15-19-60-6.6.3 - Failure to Renew1. A grace period extending through July 30 shall be allowed after the expiration of a license, during which a license may be renewed with no penalty. A licensee who does not file, with the Department, his renewal application on or before July 30th will be deemed to have allowed his license to lapse. Failure to submit a renewal application postmarked on or before July 30th shall result in the necessity of the payment of a reinstatement fee. Said license may be reinstated by the Department, in its discretion, by the payment of the reinstatement fee and the required continuing education hours provided said application for reinstatement is made within one (1) year from the date of lapse of the license.2. A license may not be reinstated after having lapsed for one (1) year from the date of lapse of the license. A new application must be made and the licensure regulations in effect at that time must be met.15 Miss. Code. R. 19-60-6.6.3