(1) A Class 3 administrative license shall be valid for a period of five years.

(2) Appropriate administrative areas acceptable for license endorsement are the following: elementary principal, secondary principal, K-12 principal, K-12 superintendent, and supervisor.

(3) To obtain a Class 3 administrative license an applicant must hold at least the appropriate master's degree and qualify for one of the endorsements set forth in ARM 10.57.414 through 10.57.419.

(4) Class 3 administrative license shall be renewable pursuant to the requirements of ARM 10.57.215.

(5) A lapsed Class 3 administrative license may be reinstated by showing verification of 60 renewal units earned during the five-year period preceding the validation date of the new license.