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)