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TITLE 68: PROFESSIONS AND OCCUPATIONS
CHAPTER VII: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION SUBCHAPTER b: PROFESSIONS AND OCCUPATIONS PART 1430 PUBLIC ACCOUNTING ACT (PROFESSIONAL CONDUCT) SECTION 1430.5050 FORM OF ORGANIZATION AND NAME
Section 1430.5050 Form of Organization and Name
a) A registered public accountant may practice public accounting only in a form of organization permitted by Illinois law or regulation.
b) A registered public accountant shall not practice under a firm name that is misleading. Names of one or more past owners may be included in the firm name of a successor organization. Also, an owner surviving the death or withdrawal of all other owners may continue to practice under a name which includes the name of past owners for up to two years after becoming a sole practitioner.
(Source: Amended at 17 Ill. Reg. 13487, effective July 30, 1993) |