Ch. 639

1993 LAWS OF MARYLAND

Article - Business Occupations and Professions

2-303.

(a) (1) [In] PRIOR TO JULY 1, 1999, IN addition to the other qualifications for
a license set forth in this subtitle, an applicant-shall hold a baccalaureate or higher degree
that meets the requirements of this section.

(2) ON OR. AFTER JULY 1, 1999, IN ADDITION TO THE OTHER
QUALIFICATIONS FOR A LICENSE SET FORTH IN THIS SUBTITLE, AN APPLICANT
SHALL HAVE SATISFACTORILY COMPLETED 150 SEMESTER HOURS OR THEIR
EQUIVALENT, INCLUDING THE ATTAINMENT OF A BACCALAUREATE OR HIGHER
DEGREE THAT MEETS THE REQUIREMENTS OF THIS SECTION.

(b) The applicant shall have completed for the degree a curriculum that the
Board considers to constitute:

(1)     a major in. accounting; or                         

(2)     a substantial equivalent to a major in accounting, OF WHICH REQUIRED
CREDITS OR COURSES MAY BE TAKEN AT ANY 2- OR 4-YEAR REGIONALLY
ACCREDITED INSTITUTION OF HIGHER EDUCATION.

(c) The degree required under this section shall be awarded by a school; college,
university, or other institution that:                                                       

Business:

areas: or

(1) is a member of the American Assembly of Collegiate Schools of

(2)     is accredited by or is a constituent unit of an institution accredited by:
(i) the Middle States Association of Colleges and Schools; or

(ii) the equivalent regional accrediting association for other regional

(3)     is recognized and approved by the Board.

(d) (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 an institution to determine curriculum equivalences,
the Board may accept as final the determination of that institution.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1993.                                                                                       

Approved May 27, 1993.

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