1. (a) The board shall grant credit to a candidate for the satisfactory completion of the Uniform Certified Public Accountant Examination (UCPAE) provided the candidate earns a passing score as determined by board rule on the section. The credit shall be valid for eighteen months from the actual date of notification of passing score results.
2. (b) A candidate must pass the remaining sections within the next eighteen months. Should a candidate's exam credit be invalidated due to the expiration of eighteen months without earning credit on the remaining sections, the candidate remains qualified to take the examination.
3. (c) A candidate receiving and retaining credit for every section on the UCPAE, within an eighteen month period, subject to the limitations imposed by the Act, shall be considered by the board to have completed the examination and may make application for certification as a certified public accountant.
4. (d) A candidate who has received and retained credit for any or all sections on the UCPAE may transfer such credits to another licensing jurisdiction if the candidate pays in advance a transfer fee set by board rule as identified in §521.7 of this title (relating to Fee for Transfer of Credits).

Source Note:The provisions of this §511.80 adopted to be effective January 3, 1990, 14 TexReg 6758; amended to be effective October 30, 1991, 16 TexReg 5828; amended to be effective December 15, 1993, 18 TexReg 8911; amended to be effective February 27, 2000, 25 TexReg 1377; amended to be effective August 13, 2003, 28 TexReg 6274; amended to be effective February 17, 2008, 33 TexReg 1102.