§ 9.5d. Practice by firms and unlicensed entities under substantial equivalency
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 63 P.S. Professions and Occupations (State Licensed)Effective: August 19, 2013
Effective: August 19, 2013
63 P.S. § 9.5d
§ 9.5d. Practice by firms and unlicensed entities under substantial equivalency
(a) A firm may practice public accounting in this Commonwealth through an individual who is not a licensee if the individual has the right to practice in this Commonwealth under section 5.2 of this act.1 The exercise by a firm of the right to practice through such individuals under this subsection constitutes an agreement by the firm:
(1) sufficient contact with this Commonwealth for the exercise of personal jurisdiction by the board and the courts of this Commonwealth over the qualified unlicensed entity in any action or proceeding arising out of acts or omissions by an individual associated with the qualified unlicensed entity in any capacity;
(4) consent by the qualified unlicensed entity to the appointment of the board of accountancy or other regulatory authority of the state in which the principal place of business of the qualified unlicensed entity is located as the agent upon which process may be served in any action or proceeding by the board against the qualified unlicensed entity.
Credits
1947, May 26, P.L. 318, No. 140, § 5.4, added 2008, July 9, P.L. 954, No. 73, § 6, effective in 60 days [Sept. 8, 2008]. Amended 2013, June 19, P.L. 46, No. 15, § 1, effective in 60 days [Aug. 19, 2013].
Footnotes
63 P.S. § 9.5b.
63 P.S. § 9.5d, PA ST 63 P.S. § 9.5d
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document |