§ 5-3.1-13 - Revocation or suspension of practice unit permit.
SECTION 5-3.1-13
§ 5-3.1-13 Revocation or suspension ofpractice unit permit. – After notice and a hearing as provided in § 5-3.1-14, the board may revokeor suspend the permit of any practice unit issued under § 5-3.1-9 if atany time the practice unit fails to meet all the qualifications prescribedunder § 5-3.1-9. After notice and a hearing as provided in §5-3.1-14, the board may revoke or suspend the permit of a practice unit issuedunder § 5-3.1-9, and may censure in writing, limit the scope of practice,impose an administrative fine upon, not to exceed one thousand dollars($1,000), or place on probation, all with or without terms, conditions, orlimitations, the holder of the permit, for any cause enumerated in §5-3.1-12 and for any of the following additional causes:
(1) With respect to any type of partnership and corporatepractice units, the revocation or suspension of the certificate or authorityof, or the revocation, suspension, or refusal by the board to renew the permitof, any partner, shareholder, or member of the partnership or corporatepractice units; and
(2) Cancellation, revocation, suspension, or refusal to renewthe permit of the practice unit, or of any partner, shareholder, or member orof the sole proprietor, to practice public accounting in any other state bythat state for any cause other than failure to pay a fee or to meet therequirements of continuing education in that other state.