1. (a) An application for a temporary permit shall be made on a form prescribed by the board and submitted to the executive director for approval.

   1. (1) The application must contain:

      1. (A) the identity of the firm;
      2. (B) the firm address;
      3. (C) a list of all partners or individuals of the firm who will be practicing in Texas under provisions of the permit;
      4. (D) a verification by the state or country that has permanent regulatory authority over the partnership, corporation, limited liability company, limited liability partnership or sole proprietorship is in good standing and is licensed to practice public accountancy in that state or country.
   2. (2) The application must be submitted with the requisite fee.
   3. (3) Upon approval of the application the board shall issue a temporary permit to be valid for not more than 1 year.
2. (b) A firm that practices public accountancy in this state under a temporary practice permit is subject to the same terms and conditions of practice as a firm licensed by the board.
3. (c) A temporary practice permit may be renewed annually.
4. (d) A firm coming into this state to perform a peer review or report review under an approved peer review program is exempt from obtaining a temporary permit but must conduct the review in conformity with the Act, the laws of Texas and the Board's Rules of Professional Conduct.

Source Note:The provisions of this §517.2 adopted to be effective November 1, 1989, 14 TexReg 5558; amended to be effective August 13, 1996, 21 TexReg 7378; amended to be effective February 29, 2000, 25 TexReg 1630; amended to be effective August 13, 2003, 28 TexReg 6275; amended to be effective June 7, 2006, 31 TexReg 4644.