New Jersey § 45:2b-50

§ 45:2b-50.

a. An individual whose principal place of business is not in this State shall be presumed

to have qualifications substantially equivalent to this State's requirements for certified

public accountants and shall have all the privileges of licensed certified public

accountants of this State without the need to obtain a license under P.L.1997, c. 259 ( C.45:2B-42 et seq. ) or to notify the board or pay any fee if that individual: (1) Holds a valid license as a certified public accountant from any state which the

National Association of State Boards of Accountancy's (NASBA) National Qualification

Appraisal Service has verified to be in substantial equivalence with the certified

public accountant licensure requirements of the American Institute of Certified Public

Accountants (AICPA) and NASBA Uniform Accountancy Act; or (2) Holds a valid license as a certified public accountant from any state which the

NASBA's National Qualification Appraisal Service has not verified to be in substantial

equivalence with the certified public accountant licensure requirements of the AICPA/NASBA

Uniform Accountancy Act, but that individual obtains from the NASBA's National Qualification

Appraisal Service verification that the individual's personal certified public accountant

qualifications are substantially equivalent to the certified public accountant licensure

requirements of the AICPA/NASBA Uniform Accountancy Act. b. In accordance with the provisions of this section and notwithstanding any other

provision of law, an individual who offers or renders professional services, whether

in person or by mail, telephone, or electronic means, shall be granted practice privileges

in this State and no notice or other submission shall be required of that individual. Such individual shall be subject to the requirements of subsection c. of this section. c. An individual licensee of another state exercising the privilege afforded by this

section and the firm that employs that licensee hereby simultaneously consent, as

a condition of exercising that privilege: (1) To the personal and subject matter jurisdiction and disciplinary authority of

the board; (2) To comply with P.L.1997, c. 259 ( C.45:2B-42 et seq. ) and the regulations promulgated pursuant to that act; (3) That in the event the license from the state of the individual's principal place

of business is no longer valid, the individual will cease offering or rendering professional

services in this State individually and on behalf of a firm; and (4) To the appointment of the state board or other authority that issued the individual's

license as the individual's agent upon which process may be served in any action or

proceeding by this State's board against the licensee. d. An individual who has been granted the practice privilege under this section or

who has a license issued pursuant to section 10 of P.L.1997, c. 259 ( C.45:2B-51 ), who performs any attest service may only do so through a firm which meets the requirements

of subparagraph (c) of paragraph (1) of subsection a. of section 13 of P.L.1997, c. 259 ( C.45:2B-54 ) , or that is registered pursuant to P.L.1997, c. 259 ( C.45:2B-42 et seq. ) . e. A licensee of this State offering or rendering services or using a title provided

in section 21 of P.L.1997, c. 259 ( C.45:2B-62 ) in another state shall be subject to disciplinary action in this State for an action

committed in another state for which the licensee would be subject to discipline for

an act committed in that state. The board shall investigate any complaint made by the board of accountancy or other

licensing authority of another state. f. Any individual who passed the Uniform Certified Public Accountant Examination and

holds a valid license issued by any other state prior to January 1, 2012 shall be

exempt from the 150 hour education requirement in subsection c. of section 8 of P.L.1997, c. 259 ( C.45:2B-49 ).