36-20B-32 Firm permits--Duration--Provisional permits.
Firm permits--Duration--Provisional permits.
The board shall grant or renew a
permit to practice as a CPA firm or PA firm to an entity that makes application and demonstrates its
qualifications in accordance with this chapter.
A permit shall be initially issued and renewed for periods of not more than one year. However,
a permit expires on the date as established by the board, by rule promulgated pursuant to chapter 1-26 following issuance or renewal. An application for a permit shall be made in such form, and in the
case of an application for renewal, between such dates as the board may, by rule promulgated
pursuant to chapter 1-26, specify. If the applicant seeks the opportunity to show that issuance or
renewal of a permit was mistakenly denied or if the board is not able to determine whether it should
be granted or denied, the board may issue to the applicant a provisional permit, which expires ninety
days after its issuance, or when the board determines whether to issue or renew the permit for which
the application was made, whichever occurs first.
Source: SL 2002, ch 179, § 33; SL 2009, ch 185, § 4; SL 2013, ch 175, § 3.