1. A. An individual who is not a certified public accountant or public accountant may serve as an employee of a firm composed of certified public accountants or public accountants holding a valid permit provided that such employee or assistant shall not issue any accounting or financial statements over his name.
2. B. An individual who has been authorized to practice public accounting as a certified public accountant or public accountant pursuant to the laws of the District of Columbia or any other state or territory of the United States or foreign country shall be allowed to engage in the practice of public accounting in this state without a permit or registering on a temporary basis. Such temporary practice must be a continuance of an engagement for a client located outside this state, which extends into this state through common ownership, existence of a subsidiary, assets, or other operations located within this state.

Added by Laws 1965, SB 286, c. 188, § 12; Amended by Laws 1968, HB 1216, c. 271, § 9, emerg. eff. April 30, 1968; Amended by Laws 1992, HB 2340, c. 272, § 14, eff. September 1, 1992.