2974

LAWS OF MARYLAND

Ch. 780

(1)  THE BOARD MAY USE THE SERVICES OF ANY INSTITUTION
THAT IT CONSIDERS APPROPRIATE TO DETERMINE WHAT CONSTITUTES A
SUBSTANTIAL EQUIVALENT TO A MAJOR IN ACCOUNTING UNDER SUBSECTION
(B)(2) OF THIS SECTION.

(2)  IF THE BOARD USES ANOTHER PERSON TO DETERMINE
CURRICULUM EQUIVALENCES, THE BOARD MAY ACCEPT AS FINAL THE
DETERMINATION OF THAT PERSON.

2-304. APPLICATIONS FOR LICENSES.

AN APPLICANT FOR A LICENSE SHALL:

(1)  SUBMIT AN APPLICATION TO THE BOARD ON THE FORM
THAT THE BOARD PROVIDES; AND

(2)  PAY TO THE BOARD AN APPLICATION FEE UP TO $70, AS
SET BY THE BOARD.

2-305. EXAMINATIONS.

(A)  RIGHT TO EXAMINATION.

AN APPLICANT WHO OTHERWISE QUALIFIES FOR A LICENSE IS
ENTITLED TO BE EXAMINED AS PROVIDED IN THIS SECTION.

(B)  TIME AND PLACE OF EXAMINATION.

THE BOARD SHALL GIVE EXAMINATIONS TO APPLICANTS TWICE A
YEAR, AT THE TIMES AND PLACES THAT THE BOARD DETERMINES.

(C)  NOTICE OF EXAMINATION.

THE BOARD SHALL NOTIFY EACH QUALIFIED APPLICANT OF THE TIME
AND PLACE OF EXAMINATION.

(D)  SUBJECTS AND METHODS OF EXAMINATION.

(1)  EXCEPT AS OTHERWISE PROVIDED IN THIS SUBSECTION,
THE BOARD SHALL DETERMINE THE SUBJECTS, SCOPE, AND FORM FOR AN
EXAMINATION ADMINISTERED UNDER THIS SUBTITLE.

(2)  THE EXAMINATION SHALL INCLUDE THE FOLLOWING
SUBJECTS:

(I)  THEORY OF ACCOUNTS;

(II)  ACCOUNTING PRACTICE;

(III)  AUDITING;

(IV)  COMMERCIAL LAW; AND

(V) ANY OTHER RELATED SUBJECT THAT THE BOARD
CONSIDERS APPROPRIATE.