As used in this part:

1. (1) “Associated with” means:

   1. (A) Any written or nonwritten contractual relationship between the licensee and a nonlicensed office or business whereby compensation is paid to or received from the nonlicensed office or business by the licensee firm in connection with the performance of professional services; or
   2. (B) A situation where the licensee or a relative (spouse, child, parent, or sibling) of the licensee owns an interest in the nonlicensed office or business;
2. (2) “CPA” means certified public accountant;

3. (3) “CPA license” and “license” mean:

   1. (A) A certificate issued under Arkansas Code § 17-12-301 or -308; and
   2. (B) A registration issued under Arkansas Code § 17-12-401 et seq.; and
4. (4) “Licensee” means the holder of a CPA license.