1997 Minnesota Statutes

     326.18 Board, duties, officers, examinations. 

    A majority of the board constitutes a quorum.  The board 
 shall elect one of its number as chair, another as vice-chair, 
 and another as secretary and treasurer, who shall hold their 
 respective offices for a term of one year and until their 
 successors are elected.  The affirmative vote of a majority of 
 members of the board is considered the action of the board.  The 
 board shall enforce the standard of general education; the 
 standard of special education in the science and art of 
 accounting; the standard of good character and general public 
 experience, as prescribed in sections 326.165 to 326.229, in all 
 examinations conducted thereunder.  The board shall make rules 
 for the conduct of applicants' examinations and the character 
 and scope of the examinations, the method and time of filing 
 applications for examinations and their form and contents, and 
 all other rules proper to carry into effect the purposes of 
 sections 326.165 to 326.229.  The board may make use of all or 
 any part of the uniform certified public accountant examination 
 and advisory grading service provided by the American Institute 
 of Certified Public Accountants if it deems it appropriate to 
 assist it in performing its duties.  These examinations shall be 
 conducted by the board of accountancy.  The examinations shall 
 take place as often as may be convenient in the opinion of the 
 board.  The board may make rules necessary to implement and 
 enforce sections 326.165 to 326.229, and 214.12, including but 
 not limited to rules of professional conduct, pertaining to 
 individuals, partnerships and corporations practicing public 
 accounting which it deems consistent with or required by the 
 public welfare and rules of continuing education to be met by 
 persons licensed under sections 326.165 to 326.229. 

    The board shall keep records of its proceedings, an 
 accurate list of all applications made, licenses and 
 certificates issued, and licenses and certificates revoked, and 
 shall keep proper financial records in which there shall be 
 entered a complete statement of the cash receipts and 
 disbursements.  The board shall issue to each person who 
 satisfies the examination requirements of section 326.19, 
 subdivision 1, a certified public accountant certificate and 
 shall maintain a record of that issuance.  The board shall issue 
 a license as a certified public accountant to each holder of a 
 certified accountant certificate who satisfies the experience 
 requirements for a license as a certified public accountant or 
 to a person who has been issued a certified public accountant 
 certificate under section 326.19, subdivision 3.  The board 
 shall maintain a record of the issuance.  It shall adopt and 
 provide itself with a seal with a band inscribed "Certified 
 Public Accountant, State of Minnesota," with the coat of arms of 
 Minnesota in the center, which seal shall be affixed to each 
 certificate of certified public accountant issued under sections 
 326.17 to 326.229.  The board shall issue to each person who 
 qualifies for a license under sections 326.17 to 326.229 as a 
 licensed public accountant a certificate as a licensed public 
 accountant and shall maintain a record of that issuance.  It 
 shall adopt and provide itself with a seal with a band inscribed 
 "Licensed Public Accountant, State of Minnesota," with the coat 
 of arms of Minnesota in the center, which seal shall be affixed 
 to each certificate of the licensed public accountant, issued 
 under sections 326.17 to 326.229.  All records of the board 
 shall be open to the inspection of the public at the office of 
 its secretary. 

    HIST: (5699) 1909 c 439 s 2; 1955 c 847 s 24; 1959 c 269 s 2; 
 1963 c 145 s 2; 1971 c 811 s 1; 1973 c 638 s 47; 1975 c 136 s 
 60; 1976 c 222 s 161; 1979 c 326 s 3,15; 1980 c 591 s 4; 1981 c 
 12 s 1; 1984 c 543 s 19; 1985 c 248 s 70; 1986 c 444; 1992 c 542 
 s 4