(A) Licenses must be issued by the board to persons satisfying the requirements of Section 40-2-550 upon the payment of a license fee in an amount to be determined by the board.
(B) A licensee must file an application for renewal in accordance with Section 40-2-250.
(C) A partnership, firm, or registrant must file an application in accordance with Section 40-2-40 and Section 40-2-255.
(D) Partnerships, without payment of a permit fee, which meet the following standards:
(1) at least one general partner must be an accounting practitioner of this State in good standing;
(2) each partner must be lawfully engaged in the practice, as defined in Section 40-2-520, in a state of the United States;
(3) each resident manager in charge of an office must be an accounting practitioner of this State in good standing.
HISTORY: 1996 Act No. 453, Section 1; 2000 Act No. 274, Section 4; 2004 Act No. 289, Section 1; 2015 Act No. 51 (S.301), Section 9, eff June 3, 2015.
Effect of Amendment
2015 Act No. 51, Section 9, in (C), added the reference to Section 40-2-40.