(a) A firm shall hold a permit issued by the Board if the firm: (1) has an office in this State that performs attest services as defined in § 2–101(c) of this title; or (2) has an office in this State that uses the title “CPA” or “CPA firm”. (b) A firm that does not have an office in […]
(a) To qualify for a permit, a partnership shall meet the requirements of this section. (b) The partnership shall: (1) have at least a simple majority of the partners, officers, shareholders, members, or managers, in terms of financial interest and voting rights, be licensed in a state; (2) (i) have a permanent office in the State from which an individual […]
(a) To qualify for a permit, a limited liability company shall meet the requirements of this section. (b) The limited liability company shall: (1) have at least a simple majority of the officers, shareholders, members, or managers, in terms of financial interest and voting rights, be licensed in a state; (2) (i) have a permanent office in the State from […]
(a) To qualify for a permit, a corporation shall meet the requirements of this section. (b) The corporation shall meet the applicable requirements of the Maryland Professional Service Corporation Act or of the comparable law in another state. (c) The corporation shall: (1) have at least a simple majority of the officers, shareholders, members, or managers, in terms of […]
(a) An applicant for a permit shall: (1) submit to the Board an application on the form that the Board provides; and (2) pay to the Board a nonrefundable application fee set by the Board. (b) In addition to any other information required on an application form, the form shall require: (1) for a partnership applicant, a list of each […]
(a) If an applicant qualifies for a permit under this subtitle, the Board shall mail or electronically transmit to the applicant a notice that states that: (1) the applicant has qualified for a permit; and (2) on receipt of a permit fee set by the Board, the Board will issue a permit to the applicant. (b) On payment of […]
(a) Subject to subsection (b) of this section and while a permit is in effect, it authorizes the holder to: (1) operate a business through which an individual practices certified public accountancy; and (2) represent to the public that the business provides the services of a licensed certified public accountant. (b) A permit authorizes the holder to provide a […]
(a) Unless a permit is renewed for a 2–year term as provided in this section, the permit expires on the first December 31 that comes: (1) after the effective date of the permit; and (2) in an even–numbered year. (b) (1) At least 1 month before a permit expires, the Board shall mail or electronically transmit to the permit holder: […]
(a) Within 1 month after the change or occurrence, a partnership that holds a permit shall give to the Board written notice of: (1) a change in the name of the partnership; (2) the admission of any partner who practices or intends to practice certified public accountancy in the State; (3) the death of any partner who practiced certified […]
The surviving partner of a partnership that holds a permit may use the partnership name for 1 year after the death of the next to the last partner.
(a) Subject to the hearing provisions of § 2–412 of this subtitle, the Board, on the affirmative vote of a majority of its members, may deny a permit to any applicant, reprimand a permit holder, or suspend or revoke a permit: (1) for any applicable ground under § 2–315 of this title; (2) if the applicant or permit […]
On its own initiative or on a written complaint made to the Board by any person, the Board may commence proceedings under § 2-410 of this subtitle.
(a) Except as otherwise provided in § 10-226 of the State Government Article, before the Board takes any final action under § 2-410 of this subtitle, it shall give the person against whom the action is contemplated an opportunity for a hearing before the Board. (b) The Board shall give notice and hold the hearing in accordance […]
(a) (1) For the limited purpose set forth in paragraph (2) of this subsection, a permit shall remain in effect and may not expire by operation of law while the permit holder is under investigation by the Board or awaiting a hearing or disposition on charges subject to disciplinary action under this subtitle. (2) Any extension of a […]
(a) Subject to the provisions of this section, the Board may reinstate: (1) any permit that has been revoked; or (2) before fulfillment of the conditions of the suspension, any permit that has been suspended. (b) A permit may be reinstated under this section only if: (1) the partnership, limited liability company, or corporation whose permit has been revoked or […]
After the Board issues a permit, the permit holder shall continue to comply with the respective requirements of § 2-402 or § 2-403 of this subtitle.
In accordance with its regulations, the Board may reinstate the permit of a firm that has failed to renew the permit for any reason if the firm: (1) otherwise is entitled to a permit; and (2) pays to the Board a reinstatement fee set by the Board.
