GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION LAW 2001-313
AN ACT REQUIRING OUT-OF-STATE CERTIFIED PUBLIC ACCOUNTANTS TO NOTIFY THE STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANT EXAMINERS WHEN THEY PERFORM WORK IN THIS STATE, AUTHORIZING THE BOARD TO INCREASE FEES, AND AMENDING CERTAIN PROVISIONS RELATING TO CERTIFIED PUBLIC ACCOUNTANTS.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 93-10 reads as rewritten:
"§ 93-10. Persons certified in other states.
An individual who holds a valid and unrevoked certificate
as a certified public accountant, or its equivalent, issued under authority of
any state, or the District of Columbia, and who resides without the State of
North Carolina, may perform work within the State: Provided, that he register
with the State Board of Certified Public Accountant Examiners and comply with
its rules regarding such registration.whose principal place of business
is outside this State may be granted the privilege to perform or offer to
perform services in this State as a certified public accountant if the
individual meets all of the following conditions:
(1) Holds a valid and unrevoked certificate as a certified public accountant, or its equivalent, issued by another state, a territory of the United States, or the District of Columbia.
(2) Holds a valid and unrevoked license or permit to practice as a certified public accountant issued by another state, a territory of the United States, or the District of Columbia and that jurisdiction's requirements for licensure are substantially equivalent to the requirements of this Chapter.
(3) Notifies the State Board of Certified Public Accountant Examiners that the person intends to perform or offers to perform services in this State as a certified public accountant.
(4) Agrees to comply with the provisions of this Chapter and the rules adopted by the Board regarding notification and practice.
(5) Consents to have an administrative notice of hearing served on the licensing board in the individual's principal state of business, notwithstanding the individual notice requirements of G.S. 150B-38.
(6) Pays an annual fee not to exceed fifty dollars ($50.00)."
SECTION 2. G.S. 93-12(7) reads as rewritten:
"(7) To charge for each
examination provided for in this Chapter a fee not exceeding twofour
hundred dollars ($200.00).($400.00). This fee shall be payable
to the secretary-treasurer of the Board by the applicant at the time of filing
application. In no case shall the examination fee be refunded, unless in the
discretion of the Board the applicant shall be deemed ineligible for
examination.In addition to the examination fee, if the Board uses a
testing service for the preparation, administration, or grading of examinations,
the Board may charge the applicant the actual cost of the examination services.
The applicant shall pay all fees and costs associated with the examination at
the time the application is filed with the Board. Examination fees and costs
shall not be refunded unless the Board deems the applicant ineligible for
examination."
SECTION 3. G.S. 93-12(7a) reads as rewritten:
"(7a) To charge for each initial
certificate of qualification provided for in this Chapter a fee not exceeding seventy-five
dollars ($75.00).one hundred fifty dollars ($150.00)."
SECTION 4. G.S. 93-12(8) reads as rewritten:
"(8) To require the renewal
of all certificates of qualification annually on the first day of July, and to
charge an annual renewal fee not to exceed fifty dollars ($50.00).one
hundred dollars ($100.00)."
SECTION 5. G.S. 93-12(8c)f. reads as rewritten:
"f. For
purposes of this section, a firm means an entity, individualsole
proprietorship, partnershippartnership, registered limited liability
partnership, professional limited liability company, or professional associationcorporation
through which one or more certificate holder engages holders engage in
the public practice of accountancy through an office or offices.office."
SECTION 6. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 19th day of July, 2001.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 12:24 p.m. this 28th day of July, 2001