Md. Code Ann., Bus. Occ. & Prof. § 2-303
Education requirements for license
Effective Oct 1, 2021Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Amended by Acts 1993, c. 639; Acts 1994, c. 3, § 1, eff. Feb. 28, 1994; Acts 1999, c. 525, § 1, eff. Oct. 1, 1999; Acts 2011, c. 208, § 1, eff. Oct. 1, 2011; Acts 2021, c. 99, § 1, eff. Oct. 1, 2021.State of Maryland
(a)
- (1) In order to take the examination, an applicant shall have satisfactorily completed 120 semester hours or their equivalent, and hold a baccalaureate or higher degree that meets the requirements of this section.
- (2) In order to become licensed, in addition to the other qualifications for a license set forth in this subtitle, an applicant shall have satisfactorily completed 150 semester hours or their equivalent, including the attainment of a baccalaureate or higher degree that meets the requirements of this section.
(b) The applicant shall have completed for the degree a curriculum that the Board considers to constitute:
- (1) a major in accounting; or
- (2) a substantial equivalent to a major in accounting, of which required credits or courses may be taken at any 2- or 4-year regionally accredited institution of higher education.
(c) The degree required under this section shall be awarded by a school, college, university, or other institution that:
- (1) is a member of the Association to Advance Collegiate Schools of Business;
- (2) is a member of the Accreditation Council for Business Schools and Programs;
(3) is accredited by or is a constituent unit of an institution accredited by:
- (i) the Middle States Association of Colleges and Schools; or
- (ii) the equivalent regional accrediting association for other regional areas; or
- (4) is recognized and approved by the Board.
(d)
- (1) The Board may use the services of any institution that it considers appropriate to determine what constitutes a substantial equivalent to a major in accounting under subsection (b)(2) of this section.
- (2) If the Board uses an institution to determine curriculum equivalencies, the Board may accept as final the determination of that institution.
Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Amended by Acts 1993, c. 639; Acts 1994, c. 3, § 1, eff. Feb. 28, 1994; Acts 1999, c. 525, § 1, eff. Oct. 1, 1999; Acts 2011, c. 208, § 1, eff. Oct. 1, 2011; Acts 2021, c. 99, § 1, eff. Oct. 1, 2021.
Formerly Art. 75A, § 2-303.