(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:

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

Business;

(2) IS A MEMBER OF THE ASSOCIATION OF COLLEGIATE BUSINESS
SCHOOLS AND PROGRAMS;

[(2)] (3) 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 areas; or

[(3)] (4) 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
equivalencies, 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, 1999.

Approved May 27, 1999.

CHAPTER 526
(Senate Bill 145)

AN ACT concerning

Assisted Living Programs - Continuing Care Communities - Requirements

FOR the purpose of altering the requirements for a certain disclosure statement
furnished by a continuing care provider; specifying the contents of the disclosure
statement with regard to assisted living program services; requiring a provider
to annually furnish the revised disclosure statement to each subscriber, ensure
that each subscriber initials the revised disclosure statement, and make the
revised disclosure statement available to the Department of Health and Mental
Hygiene to inspect; requiring a provider to maintain a continuing care