Ch. 22

LAWS OF MARYLAND

(D)  (1) THE BOARD SHALL SET THE TERM FOR EACH LIMITED
LICENSE ISSUED UNDER THIS SECTION.

(2)  THE TERM FOR A LIMITED LICENSE MAY NOT BE SET FOR
MORE THAN 1 YEAR.

(3)  A LIMITED LICENSE BECOMES EFFECTIVE AND EXPIRES
ON THE DATES SET BY THE BOARD.

(E)  SUBJECT TO THE HEARING PROVISIONS OF § 2-316 OF THIS
TITLE, THE BOARD MAY DENY OR REVOKE A LIMITED LICENSE FOR ANY
GROUND AS MAY BE APPLICABLE UNDER § 2-315 OF THIS TITLE.

2-416.

(A)  THE BOARD MAY ISSUE A LIMITED PERMIT FOR THE PRACTICE
OF CERTIFIED PUBLIC ACCOUNTANCY ON A SPECIFIC JOB TO A
PARTNERSHIP IF:

(1)  EACH PARTNER IS LICENSED TO PRACTICE CERTIFIED
PUBLIC ACCOUNTANCY IN THIS OR ANOTHER STATE OR IN A FOREIGN
COUNTRY;

(2)  AT LEAST 1 GENERAL PARTNER AND ANY OTHER PARTNER
WHO PRACTICES OR INTENDS TO PRACTICE ACCOUNTANCY IN THE STATE IS
LICENSED BY THE BOARD UNDER § 2-309 OR § 2-320 OF THIS TITLE; AND

(3)  THE REQUIREMENTS OF SUBSECTIONS (C) OF THIS
SECTION ARE MET.

(B)  THE BOARD MAY ISSUE A LIMITED PERMIT FOR THE PRACTICE
OF CERTIFIED PUBLIC ACCOUNTANCY ON A SPECIFIC JOB TO A
CORPORATION IF:

(1)  EACH SHAREHOLDER IS LICENSED TO PRACTICE
CERTIFIED PUBLIC ACCOUNTANCY IN THIS OR ANOTHER STATE OR IN A
FOREIGN COUNTRY;

(2)  EACH SHAREHOLDER WHO PRACTICES OR INTENDS TO
PRACTICE ACCOUNTANCY IN THIS STATE IS LICENSED BY THE BOARD UNDER
§ 2-309 OR § 2-320 OF THIS TITLE; AND

(3)  THE REQUIREMENTS OF SUBSECTION (C) OF THIS
SECTION ARE MET.

(C)  IN ORDER TO QUALIFY FOR A LIMITED PERMIT UNDER THIS
SECTION A CORPORATION OR PARTNERSHIP SHALL:

(1)  NOT HAVE A PLACE OF BUSINESS IN THIS STATE;

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

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