reglab/housing_qa huggingface dataset:
TX Occ Code § 901.401 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.401. License Required

Sec. 901.401.  LICENSE REQUIRED.  (a)  An individual who holds a certificate issued under this chapter must also hold a license issued under this chapter.(b)  Each office in this state of a certified public accountancy firm or a firm of public accountants must hold a license issued under this chapter.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 24, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 5, eff. September 1, 2007.|
TX Occ Code § 901.402 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.402. Eligibility Requirements; General Prohibition

Sec. 901.402.  ELIGIBILITY REQUIREMENTS;  GENERAL PROHIBITION.  (a)  On payment of the required fees, the board shall issue a license to an applicant who complies with the requirement of Section 901.169(a) and:(1)  holds a certificate issued under this chapter; or(2)  holds a firm license issued under this chapter.(b)  The board may not issue a license to or renew the license of a person who does not meet the licensing requirements of:(1)  this chapter;  or(2)  the rules adopted under this chapter.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 25, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 181 (H.B. 1520), Sec. 13, eff. September 1, 2019.|
TX Occ Code § 901.403 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.403. Application for and Renewal of License

Sec. 901.403.  APPLICATION FOR AND RENEWAL OF LICENSE.  (a)  The board shall specify:(1)  the form of the application for a license;(2)  the term of a license;  and(3)  the requirements for renewal of a license.(b)  The board by rule may adopt a system under which licenses expire on various dates during the year.  For the year in which the license expiration date is changed, the board shall prorate license fees on a monthly basis so that each license holder pays only that portion of the license fee that is allocable to the number of months during which the license is valid.  On renewal of the license on the new expiration date, the total license renewal fee is payable.(c)  The board shall require an applicant for renewal of a license to comply with the requirement of Section 901.169(a).|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 26, eff. Sept. 1, 2001;  Acts 2003, 78th Leg., ch. 525, Sec. 17, eff. Sept. 1, 2003.Amended by: Acts 2019, 86th Leg., R.S., Ch. 181 (H.B. 1520), Sec. 14, eff. September 1, 2019.|
TX Occ Code § 901.404 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.404. Notice of License Expiration

Sec. 901.404.  NOTICE OF LICENSE EXPIRATION.  (a)  Not later than the 30th day before the expiration date of a person's license, the board shall send written notice of the impending license expiration to the person at the person's last known address according to the board's records.(b)  The board shall determine the amount of the renewal fee and shall mail notice of that amount to the person within the time provided by Subsection (a).|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2003, 78th Leg., ch. 525, Sec. 18, eff. Sept. 1, 2003.|
TX Occ Code § 901.405 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.405. Procedure for Renewal

Sec. 901.405.  PROCEDURE FOR RENEWAL.  (a)  A person who is otherwise eligible to renew a license may renew an unexpired license by paying the required renewal fee to the board before the expiration date of the license.  A person whose license has expired may not engage in activities that require a license until the license has been renewed.(b)  A person whose license has been expired for 90 days or less may renew the license by paying to the board a renewal fee that is equal to 1-1/2 times the normally required renewal fee.(c)  A person whose license has been expired for more than 90 days but less than one year may renew the license by paying to the board a renewal fee that is equal to two times the normally required renewal fee.(d)  A person whose license has been expired for at least one year but less than two years may renew the license by paying to the board a renewal fee that is equal to three times the normally required renewal fee.(e)  A person whose license has been expired for two years or more may not renew the license.  The person may obtain a new license by complying with the requirements and procedures, including the examination requirements, for obtaining an original license.(f)  A person who was licensed in this state, moved to another state, and is currently licensed and has been in practice in the other state for the two years preceding the date of application may obtain a new license without reexamination.  A person described by this subsection whose license has been revoked under Section 901.502(3) or (4) may obtain a new license under this subsection.  A person described by this subsection must pay to the board a fee that is equal to two times the normally required renewal fee for the license.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2003, 78th Leg., ch. 525, Sec. 19, eff. Sept. 1, 2003.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 6, eff. September 1, 2007.Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7), Sec. 31(g), eff. September 1, 2015.|
TX Occ Code § 901.408 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.408. Consequence of Failure to Pay Certain Fees

Sec. 901.408.  CONSEQUENCE OF FAILURE TO PAY CERTAIN FEES.  (a)  A person, other than a person described by Section 901.405(f), who fails to pay the license renewal fee and any late fee before the first anniversary of the due date of the renewal fee may renew the person's license only by submitting to the board an application for renewal accompanied by payment of:(1)  all accrued fees, including late fees; and(2)  the direct administrative costs incurred by the board in renewing the person's license.(b)  The board by rule shall prescribe the information to be included in an application for renewal under this section.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 7, eff. September 1, 2007.Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7), Sec. 31(h), eff. September 1, 2015.|
TX Occ Code § 901.409 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.409. Fee Reduction for Retired Persons or Persons With Disabilities

Sec. 901.409.  FEE REDUCTION FOR RETIRED PERSONS OR PERSONS WITH DISABILITIES.  The board by rule may establish a reduced fee to issue or renew the license of a person who does not engage in the practice of public accountancy because of retirement or permanent disability.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.Amended by: Acts 2019, 86th Leg., R.S., Ch. 181 (H.B. 1520), Sec. 15, eff. September 1, 2019.|
TX Occ Code § 901.411 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter I. License Requirements, Issuance, and Renewal|Section 901.411. Continuing Professional Education

Sec. 901.411.  CONTINUING PROFESSIONAL EDUCATION.  (a)  A license holder who is an individual shall participate in a program of continuing professional education designed to maintain professional competency.  The program must comply with rules adopted by the board.(b)  The board may recognize a continuing professional education course only if the course directly contributes to the license holder's professional competence.(c)  The board by rule shall provide for the reporting of continuing professional education by a license holder to coincide with the person's license renewal date.(d)  The board by rule may exempt certain license holders, including license holders who are persons with disabilities, retired, or not associated with accounting, as defined by board rule, from all or part of the requirements of this section.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 27, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 181 (H.B. 1520), Sec. 16, eff. September 1, 2019.|
TX Occ Code § 901.451 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.451. Use of Title or Abbreviation for "Certified Public Accountant

Sec. 901.451.  USE OF TITLE OR ABBREVIATION FOR "CERTIFIED PUBLIC ACCOUNTANT."  (a)  A person may not assume or use the title or designation " certified public accountant," the abbreviation "CPA," or any other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that the person is a certified public accountant unless the person holds a certificate under this chapter.(b)  A person may not provide attest services or assume or use the title "certified public accountants," the abbreviation "CPAs," or any other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that the person is a certified public accountancy firm unless:(1)  the person holds a firm license issued under this chapter or practices in this state under a privilege under Section 901.461;(2)  ownership of the person complies with the requirements of this chapter and rules adopted by the board; and(3)  the person complies with board rules authorizing the practice.(c)  The title or designation "certified public accountant" and the abbreviation "CPA" may not be used in connection with an office that does not meet the requirements of Sections 901.353 and 901.354.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 29, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 9, eff. September 1, 2007.Acts 2019, 86th Leg., R.S., Ch. 181 (H.B. 1520), Sec. 17, eff. September 1, 2019.|
TX Occ Code § 901.452 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.452. Use of Title or Abbreviation for "Public Accountant

Sec. 901.452.  USE OF TITLE OR ABBREVIATION FOR "PUBLIC ACCOUNTANT."  A person may not assume or use the title or designation "public accountant" or any other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that the person is a public accountant, or a firm composed of public accountants, unless:(1)  the person is certified and licensed under this chapter;  and(2)  each of the person's offices in this state for the practice of public accounting is maintained and practices under a firm license as required under Subchapter H.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 29, eff. Sept. 1, 2001.|
TX Occ Code § 901.453 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.453. Use of Other Titles or Abbreviations

Sec. 901.453.  USE OF OTHER TITLES OR ABBREVIATIONS.  (a)  Except as provided by Subsection (b), a person may not assume or use:(1)  a title or designation likely to be confused with "certified public accountant" or "public accountant," including "certified accountant," "chartered accountant," "enrolled accountant," "licensed accountant," "registered accountant," or "accredited accountant";  or(2)  an abbreviation likely to be confused with "CPA," including "CA," "PA," "EA," "RA," "LA," or "AA."(b)  A person may hold the person out to the public as an "accountant," "auditor," or any combination of those terms or assert that the person has expertise in accounting or auditing only if:(1)  the person holds a license issued under this chapter and each of the person's offices in this state for the practice of public accounting is maintained and practices under a firm license as required under Subchapter H; or(2)  the person practices under a privilege under Section 901.461 or 901.462.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 29, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 10, eff. September 1, 2007.|
TX Occ Code § 901.454 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.454. Title Used by Certain Out-of-State or Foreign Accountants

Sec. 901.454.  TITLE USED BY CERTAIN OUT-OF-STATE OR FOREIGN ACCOUNTANTS.  (a)  A person who is an accountant of another state may use the title under which the accountant is generally known in the state from which the accountant received a certificate, license, or degree if:(1)  the person holds a license issued under this chapter or practices in this state under a privilege under Section 901.461 or 901.462; and(2)  any of the person's offices established or maintained in this state for the practice of public accountancy are licensed under this chapter.(b)  A person who holds a certification, degree, license, or other credential granted in a foreign jurisdiction that entitles the person to engage in the practice of public accountancy or its equivalent in that jurisdiction may use in this state any title or designation under which the person practices in the foreign jurisdiction, followed by a translation of the title or designation into English if it is in a different language and by the name of that jurisdiction, if:(1)  the person's activities in this state are limited to the provision of professional accounting services to persons who are residents, governments, or business entities of that foreign jurisdiction;  and(2)  the person does not perform attest services or issue reports on the financial statements of any other person in this state.(c)  A person registered under Section 901.355 shall use the title held in the country from which the person received a certificate, license, or degree, and shall indicate the name of the country.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 29, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 11, eff. September 1, 2007.|
TX Occ Code § 901.455 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.455. Name Requirements and Restrictions

Sec. 901.455.  NAME REQUIREMENTS AND RESTRICTIONS.  (a)  The name or designation assumed or used by a license holder must include:(1)  the individual's name, if the license holder is an individual;(2)  the name of at least one current or former partner, if the license holder is a partnership;  or(3)  the name of at least one current or former shareholder, if the license holder is a corporation.(b)  A license holder may not assume or use a name that is misleading as to the legal form of the license holder's firm or as to the persons who are partners, officers, or shareholders of the firm.  A firm licensed under this chapter may assume or use the designation "and company" or "and associates," or any abbreviation of those terms, only if at least two persons licensed under this chapter are involved in the practice of the firm.(c)  A corporation that is licensed under this chapter may practice public accountancy under a corporate name indicating that it is engaged in that practice.(d)  A license holder may not use a trade name or descriptive words indicating the character or grade of service offered, except as authorized by board rule.(e)  A firm that practices under Section 901.461 must use the firm name that it uses in the state in which it is licensed and has its principal place of business.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 30, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 12, eff. September 1, 2007.|
TX Occ Code § 901.457 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.457. Accountant-Client Privilege

Sec. 901.457.  ACCOUNTANT-CLIENT PRIVILEGE.  (a)  A license holder or a partner, member, officer, shareholder, or employee of a license holder may not voluntarily disclose information communicated to the license holder or a partner, member, shareholder, or employee of the license holder by a client in connection with services provided to the client by the license holder or a partner, member, shareholder, or employee of the license holder, except with the permission of the client or the client's representative.(b)  This section does not prohibit a license holder from disclosing information that is required to be disclosed:(1)  by the professional standards for reporting on the examination of a financial statement;(2)  under a summons or subpoena under the provisions of the Internal Revenue Code of 1986 and its subsequent amendments, the Securities Act of 1933 (15 U.S.C. Section 77a et seq.) and its subsequent amendments, the Securities Exchange Act of 1934 (15 U.S.C. Section 78a et seq.) and its subsequent amendments, or The Securities Act (Title 12, Government Code);(3)  under a court order signed by a judge if the order:(A)  is addressed to the license holder;(B)  mentions the client by name; and(C)  requests specific information concerning the client;(4)  in an investigation or proceeding conducted by the board;(5)  in an ethical investigation conducted by a professional organization of certified public accountants;(6)  in the course of a peer review under Section 901.159 or in accordance with the requirements of the Public Company Accounting Oversight Board or its successor; or(7)  in the course of a practice review by another certified public accountant or certified public accountancy firm for a potential acquisition or merger of one firm with another, if both firms enter into a nondisclosure agreement with regard to all client information shared between the firms.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 31, eff. Sept. 1, 2001.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 36 (S.B. 228), Sec. 2, eff. September 1, 2013.Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.38, eff. January 1, 2022.|
TX Occ Code § 901.458 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.458. Loss of Independence

Sec. 901.458.  LOSS OF INDEPENDENCE.  (a)  In this section, "direct labor cost" means:(1)  the total compensation paid to a person who performs services;  and(2)  the employer payroll expenses related to that compensation, including workers' compensation insurance premiums, social security contributions, costs of participating in retirement plans, group insurance costs, and unemployment taxes.(b)  A person creates a presumption of loss of independence if the person:(1)  holds a certificate or firm license issued under this chapter;  and(2)  performs or offers to perform an attest service for compensation that is less than the direct labor cost reasonably expected to be incurred in performing the service.(c)  This section does not apply to the donation of services to a charitable organization as defined by board rule.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1497, Sec. 32, eff. Sept. 1, 2001.|
TX Occ Code § 901.459 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.459. Applicability of Partnership Requirements to Partner

Sec. 901.459.  APPLICABILITY OF PARTNERSHIP REQUIREMENTS TO PARTNER.  Each partner in a partnership governed by this chapter is subject to the statutory requirements and rules that apply to the partnership.|Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.|
TX Occ Code § 901.460 (2021)
2021 Texas Statutes|Occupations Code|Title 5 - Regulation of Financial and Legal Services|Subtitle A - Financial Services|Chapter 901 - Accountants|Subchapter J. Practice of Public Accountancy|Section 901.460. Performing Attest Services

Sec. 901.460.  PERFORMING ATTEST SERVICES.  (a)  A certificate holder may perform attest services only in a certified public accountancy firm.(b)  An individual who is a license holder or practices under a privilege under Section 901.462 and who is responsible for supervising attest services or signs or authorizes another person to sign an accountant's reports on financial statements on behalf of a certified public accountancy firm must meet the competency requirements of the professional standards that apply to those services.|Added by Acts 2001, 77th Leg., ch. 1497, Sec. 33, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 14, eff. September 1, 2007.|