§ 250r. Construction; severability
If any provision of this chapter or the application thereof to any person or entity or in any circumstances is held invalid, the remainder of the chapter and the application of such provision to others or in other circumstances shall not be affected thereby.
§ 250m. Single act evidence of practice
In any action brought under sections 250f, 250k or 250l of this chapter, evidence of the commission of a single act prohibited by this chapter is sufficient to justify a penalty, injunction, restraining order, or conviction, respectively, without evidence of a general course of conduct.
§ 250n. Confidential communications
Except by permission of the client for whom a permittee performs services or the heirs, successors, or personal representatives of such client, a permittee under this chapter, may not voluntarily disclose information communicated to the permittee by the client relating to and in connection with services rendered to the client by the permittee. Such information […]
§ 250o. Licensees’ working papers; clients’ records
All statements, records, schedules, working papers and memoranda made by a certified public accountant or public accountant incident to or in the course of professional service to clients by such certified public accountant or public accountant, except reports submitted by a certified public accountant or public accountant to a client, are and remain the property […]
§ 250p. Privity of contract
(a) This section applies to all causes of action of the type specified herein filed on or after the effective date. (b) This section governs any action based on negligence brought against any accountant or firm of accountants practicing in this State by any person or entity claiming to have been injured as a result […]
§ 250q. Substantial equivalency
(a) (1) An individual whose principal place of business is not in this Territory and who holds a valid license as a Certified Public Accountant from any state that the NASBA National Qualification Appraisal Service has verified to be in substantial equivalence with the CPA licensure requirements of the AICPA/NASBA Uniform Accountancy Act is presumed […]
§ 250c. Issuance and renewal of certificates, and maintenance of competency
(a) The Board shall grant or renew certificates to persons who make application and demonstrate (i) that their qualifications, including where applicable the qualifications prescribed by section 250b, are in accordance with this section or (ii) that they are eligible under the substantial equivalency standard set out in section 250q(a)(2) of this chapter which requires […]
§ 250d. Firm permits to practice, attest and compilation competency and peer review
(a) The Board shall grant or renew permits to practice as a CPA firm to applicants that demonstrate their qualifications therefore in accordance with this section. (1) The following must hold a permit issued under this section: (A) Any firm with an office in the Territory performing attest services as defined in section 250(b) of […]
§ 250e. Appointment of a resident agent
A person or a firm not a resident of the Territory applying for a certificate under section 250c of this chapter or a permit to practice under section 250d shall appoint a resident agent as permitted by law or Board regulations. The applicant’s agent must be a person upon whom process may be served in […]
§ 250f. Hearings before Board and judicial review; commencement of proceedings
(a) The Board may initiate proceedings under this chapter either on its own motion or on the complaint of any person. (b) A written notice stating the nature of the charge or charges against the accused and the time and place of the hearing before the Board or its designee on such charges must be […]