2010 Maryland Code
BUSINESS OCCUPATIONS AND PROFESSIONS
TITLE 2 - ACCOUNTANTS
Subtitle 4 - Permits
Section 2-401 - Permit to practice accountancy as a firm.

§ 2-401. Permit to practice accountancy as a firm.
 

(a)  Requirements.- To operate a business through which certified public accountancy is practiced, 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; 

(2) has an office in this State that uses the title "CPA" or "CPA firm"; or 

(3) performs attest services described in § 2-101(c)(1), (3), or (4) of this title for a client with a home office in this State. 

(b)  Attest services.- A firm that does not have an office in this State may perform attest services as defined in § 2-101(c)(2) or § 2-4A-01(b) of this title for a client with a home office in this State without a permit if the firm: 

(1) meets the application and peer review requirements under §§ 2-402, 2-402.1, 2-403, and 2-4A-02 of this title; and 

(2) performs services through an individual with a practice privilege under § 2-321 of this title. 

(c)  Issuance or renewal of permit.- The Board shall grant or renew a permit to practice as a CPA firm to a partnership, limited liability company, or corporation that demonstrates its qualifications in accordance with this section. 

(d)  Other professional services.- If a firm does not meet the requirements of this section, the firm may perform other professional services while using the title "CPA" or "CPA firm" in this State without a permit, if the firm: 

(1) performs those services through an individual with a practice privilege provided under § 2-321 of this title; and 

(2) performs those services in the state where the individual with a practice privilege retains a principal place of business. 
 

[2008, ch. 36, § 6; ch. 536; 2009, ch. 220; 2010, ch. 72.]