22 Tex. Admin. Code § 511.80
Granting of Credit
Effective Feb 27, 200025 TexReg 1377Source 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.Texas Secretary of State
(a) The board shall grant conditional credit to a candidate for the satisfactory completion of the written Uniform Certified Public Accountant Examination (UCPAE) under the following conditions:
- (1) the candidate takes all parts of the examination for which the candidate is eligible; and
- (2) the candidate earns a grade of 75 or higher on any two subjects of the examination; and
- (3) the candidate scores a minimum grade of 50 on each subject not passed at the examination.
(b) The board shall grant credit after the establishment of conditional credit to a candidate for the satisfactory completion of any subject under the following conditions:
- (1) the candidate takes all parts of the examination for which the candidate is eligible; and
- (2) the candidate earns a grade of 75 or higher on one or more subjects of the examination; and
- (3) the candidate scores a minimum grade of 50 on each subject not passed at the examination.
- (c) A candidate who earned conditional credit(s) after September 1, 1989, must pass the remaining subjects within the next six consecutive examinations or forfeit credits received. Although the candidate loses credits at the end of such six consecutive examinations the candidate remains qualified to sit for the examination.
- (d) A candidate receiving and retaining credit for every subject on the UCPAE, 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.
- (e) A candidate who has received and retained credit for any or all subjects 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.