1. A.

   1. 1. An individual whose principal place of business is not in this state, having a valid certificate or license from any state which the Oklahoma Accountancy Board or its designee has verified to be substantially equivalent to the Certified Public Accountant and Public Accountant licensure requirements of Title 59 of the Oklahoma Statutes, shall be presumed to have qualifications substantially equivalent to this state’s requirements and shall have all the privileges of certificate and license holders and licensees of this state without the need to obtain a certificate, license or permit required under Sections 15.9, 15.13 and 15.14A of Title 59 of the Oklahoma Statutes. However, an individual shall notify the Board of their intent to practice in the state under this provision.
   2. 2. An individual whose principal place of business is not in this state, having a valid certificate or license from any state which the Board or its designee has not verified to be substantially equivalent to the CPA and PA licensure requirements of Title 59 of the Oklahoma Statutes, shall be presumed to have qualifications substantially equivalent to this state’s requirements and shall have all the privileges of certificate and license holders and licensees of this state without the need to obtain a certificate, license or permit required under Sections 15.9, 15.13 and 15.14A of Title 59 of the Oklahoma Statutes if such individual obtains from the Board or its designee verification that such individual’s CPA qualifications are substantially equivalent to the CPA licensure requirements of Title 59 of the Oklahoma Statutes. However, such individuals shall notify the Board of their intent to practice in the state under this provision.

   3. 3. Any licensee of another state exercising the privilege afforded under this section hereby consents, as a condition of the grant of this privilege:

      1. a. to the personal and subject matter jurisdiction and disciplinary authority of the Board,
      2. b. to comply with this act and the Board’s rules, and
      3. c. to the appointment of the state board which issued the individual’s license as the individual’s agent upon whom process may be served in any action or proceeding by the Board against the licensee.
   4. 4. The Oklahoma Accountancy Board shall charge a fee to a licensee of another state exercising the privilege afforded under this section in an amount equal to the fee charged by that state to an Oklahoma licensee for the equivalent privilege to practice in that state.
2. B. A licensee of this state offering or rendering services or using the licensee’s CPA or PA title in another state shall be subject to disciplinary action in this state for an act committed in another state which would subject the licensee to discipline in that state. The Board shall be required to investigate any complaint made by the board of accountancy of another state.

Laws 2002, SB 1429, c. 312, § 8, eff. November 1, 2002.