1. (a) The board, having conducted an investigation under this title, may reach the following conclusions:

   1. (1) deny an applicant the opportunity for issuance of a certificate;
   2. (2) deny an applicant's application to take the uniform CPA examination;
   3. (3) prohibit an applicant from certification or from taking the uniform CPA examination for a period not to exceed five years;
   4. (4) issue an applicant a certificate with conditions and requirements imposed by the board;
   5. (5) void an applicant's uniform CPA examination grades; or
   6. (6) close the case without adverse action against an applicant.
2. (b) The board shall refund the issuance fee submitted by an applicant for certification if the applicant is denied the issuance of a certificate.

3. (c) An applicant may petition the board in writing for a reversal of the board's findings. After notice and hearing the board may:

   1. (1) approve an application for certification that was previously denied;
   2. (2) uphold its prior findings;
   3. (3) overturn its prior findings; or
   4. (4) modify its prior findings.

Source Note:The provisions of this §519.28 adopted to be effective August 8, 2012, 37 TexReg 5783; amended to be effective December 7, 2016, 41 TexReg 9515.