South Carolina § 40-2-560 Issuance of licenses.

South Carolina Statutes

§ 40-2-560 — Issuance of licenses.

South Carolina § 40-2-560

Title 40PROFESSIONS AND OCCUPATIONS

Ch. 2ACCOUNTANTS

This text of South Carolina § 40-2-560 (Issuance of licenses.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 40-2-560 (2026).

Text

(A)Licenses must be issued by the board to persons satisfying the requirements of Section 40-2-550 upon the payment of a license fee in an amount to be determined by the board.

(B)A licensee must file an application for renewal in accordance with Section 40-2-250.

(C)A partnership, firm, or registrant must file an application in accordance with Section 40-2-40 and Section 40-2-255.

(D)Legal entities, without payment of a permit fee, must meet the following standards:

(1)at least one owner must be an accounting practitioner of this State in good standing;

(2)each partner must be lawfully engaged in the practice, as defined in Section 40-2-520, in a state of the United States; and (3) each resident manager in charge of an office must be an accounting practitioner of this State in good

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(A) Licenses must be issued by the board to persons satisfying the requirements of Section 40-2-550 upon the payment of a license fee in an amount to be determined by the board. (B) A licensee must file an application for renewal in accordance with Section 40-2-250. (C) A partnership, firm, or registrant must file an application in accordance with Section 40-2-40 and Section 40-2-255. (D) Legal entities, without payment of a permit fee, must meet the following standards: (1) at least one owner must be an accounting practitioner of this State in good standing; (2) each partner must be lawfully engaged in the practice, as defined in Section 40-2-520, in a state of the United States; and (3) each resident manager in charge of an office must be an accounting practitioner of this State in good standing.

Legislative History

HISTORY: 1996 Act No. 453, SECTION 1; 2000 Act No. 274, SECTION 4; 2004 Act No. 289, SECTION 1; 2015 Act No. 51 (S.301), SECTION 9, eff June 3, 2015; 2022 Act No. 174 (S.812), SECTION 1, eff May 16, 2022. Effect of Amendment 2015 Act No. 51, SECTION 9, in (C), added the reference to Section 40-2-40. 2022 Act No. 174, SECTION 1, in (D), substituted "Legal entities, without payment of a permit fee, must" for "Partnerships, without payment of a permit fee, which", in (1), substituted "owner" for "general partner", and made a nonsubstantive change in (2).