Section 08.04.422. Conditions of practice privileges, out-of-state permits, and out-of-state exemptions.

An individual with a practice privilege who engages in the practice of public accounting in the state under the practice privilege, a legal entity with a permit or exemption under AS 08.04.421 who engages in the practice of public accounting in this state under the permit or exemption, and a legal entity that hires an individual with a practice privilege shall
        (1) consent to the personal and subject matter jurisdiction and disciplinary authority of the board;
        (2) agree to comply with this chapter, including the regulations adopted by the board;
        (3) agree that the individual or legal entity will stop offering to engage or engaging in the practice of public accounting, whether individually or on behalf of a legal entity, if the license from the state of the individual's or legal entity's principal place of business becomes invalid; and
        (4) consent to the appointment of the state board that issued the individual's license as the individual's or legal entity's agent for service of process in a court action or in another proceeding against the individual or legal entity that arises out of a transaction or an operation connected with or incidental to the individual's or legal entity's engagement in the practice of public accounting.

Notes

History

(Sec. 16 ch 67 SLA 2010)