Ga. Comp. R. & Regs. r. 20-12-.16 – Forms of Practice

Rule 20-12-.16. Forms of Practice

(1) A licensee may practice public accountancy only in a partnership, an association, a corporation, or any legal entity which practices public accountancy.
(2) A CPA or foreign accountant may only practice public accountancy in any legal entity in which a simple majority of the financial interests and voting rights are owned by CPAs in good standing in this state or any other state.

Authority: O.C.G.A. Secs. 43-3-2, 43-3-8, 43-3-16, 43-3-22, 43-3-31.

History. Original Rule entitled "Solicitation" adopted. F. Feb. 9, 1978; eff. Mar. 1, 1978.

Repealed: New Rule of same title adopted. F. May 14, 1984; eff. June 3, 1984.

Repealed: New Rule entitled "Form of Practice" adopted. F. Jan. 30, 1992; eff. Feb. 19, 1992.

Repealed: New Rule of same title adopted. F. Oct. 6, 2005; eff. Oct. 26, 2005.

Repealed: New Rule entitled "Forms of Practice" adopted. F. Aug. 20, 2009; eff. Sept. 9, 2009.

Amended: F. Feb. 4, 2015; eff. Feb. 24, 2015.