1. (a) In order for the board to grant credit to a candidate for partial completion of the Uniform CPA Examination given by the licensing authority of another jurisdiction taken after September 1, 1991 and prior to January 1, 2004, the candidate must have met the following requirements:

   1. (1) the candidate sat for all subjects for which the candidate was eligible;
   2. (2) the candidate earned a grade of 75 or higher on any two subjects of the examination;
   3. (3) the candidate scored a minimum grade of 50 on each subject not passed;
   4. (4) the candidate was awarded credit by the licensing authority of another jurisdiction for the subject(s) taken while a candidate of that board; and
   5. (5) the credit awarded by the licensing authority of another jurisdiction has not expired.

2. (b) In order for the board to grant credit to a candidate for partial completion of the Uniform CPA Examination given by the licensing authority of another jurisdiction taken after January 1, 2004, the candidate must have met the following requirements:

   1. (1) the candidate earned a grade of 75 or higher on any subject of the examination;
   2. (2) the candidate was awarded credit by the licensing authority of another jurisdiction for the subject(s) taken while a candidate of that board; and
   3. (3) the credit awarded by the licensing authority of another jurisdiction has not expired.
3. (c) If the board accepts transfers of credit, it will also accept transfers of credit for subjects passed at subsequent examinations.
4. (d) The grades made by the candidate on subjects under consideration must be the ones reported to the licensing authority of another jurisdiction by the American Institute of Certified Public Accountants through the National Association of State Boards of Accountancy.

Source Note:The provisions of this §511.83 adopted to be effective September 15, 1980, 5 TexReg 3563; amended to be effective August 28, 1984, 9 TexReg 4413; amended to be effective October 30, 1991, 16 TexReg 5828; amended to be effective February 27, 2000, 25 TexReg 1378; amended to be effective February 4, 2004, 29 TexReg 967.