326A.06 ACCOUNTING PRACTITIONER; REGISTRATION; CERTIFICATE.
(a) All licensed public accountants (LPAs) who are actively licensed by the state board on
December 31, 2002, shall be issued a certified public accountant certificate. LPAs are those
accountants who were eligible for licensure on July 1, 1979, under the law in effect on that date
and who were issued a license as a licensed public accountant by the board at that time.
(b) By July 1, 2004, the board shall implement a voluntary registration of accounting
practitioners. The board shall prescribe by rule the limitations of practice, educational preparation,
examination, registration, fees, peer review, and continuing education requirements for the
registration. The board shall consult with the University of Minnesota, the Minnesota State
Colleges and Universities, the Minnesota Association of Private Postsecondary Schools,
the Private College Council, the Minnesota Association of Public Accountants, and other
organizations as appropriate in the implementation of this section.
History: 2001 c 109 art 1 s 8