South Carolina § 40-2-240 - Licensing of persons licensed in another state.
Full text of South Carolina South Carolina Code of Laws § 40-2-240 — Licensing of persons licensed in another state., with citation guidance and answers to common questions.
§ 40-2-240. Licensing of persons licensed in another state.
(A) A CPA licensed in another jurisdiction who moves his principal place of business to this State may obtain a license through reciprocity. The board shall issue a license pursuant to this section to an applicant who:
(1) has successfully passed the Uniform CPA Examination;
(2) holds an active certificate, license, or permit issued pursuant to the laws of any state or territory of the United States, the District of Columbia, or any foreign licensing authority that is recognized by the International Qualifications Appraisal Board and subject to Mutual Recognition Agreements;
(3) is legally authorized to practice in the jurisdiction where his existing certificate, license, or permit is held; and
(4) certifies that he is in compliance with the continuing professional education requirements in the jurisdiction where his existing certificate, license, or permit is held.
(B) To apply for a license pursuant to this section an applicant must:
(1) identify all jurisdictions, foreign and domestic, in which the applicant has applied for or holds a designation to practice public accountancy or in which any applications have been denied; and
(2) file an application with the board together with the application fee prescribed by the board.
(C) Each person issued a license pursuant to this section shall notify the board in writing within thirty days after any issuance, denial, revocation, or suspension of a designation or commencement of a disciplinary or enforcement action against the licensee by any jurisdiction.
HISTORY: 1996 Act No. 453, SECTION 1; 2004 Act No. 289, SECTION 1; 2019 Act No. 68 (H.3785), SECTION 7, eff May 16, 2019; 2022 Act No. 174 (S.812), SECTION 1, eff May 16, 2022; 2025 Act No. 34 (S.176), SECTION 13, eff June 30, 2025.
Effect of Amendment
2019 Act No. 68, SECTION 7, in (A), in (1), inserted the (a) identifier, redesignated (2) to (6) as (b) to (f), and added (2).
2022 Act No. 174, SECTION 1, rewrote the section.
2025 Act No. 34, SECTION 13, rewrote the section.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 40-2-240
What does South Carolina Code of Laws § 40-2-240 cover?
Section 40-2-240 ("Licensing of persons licensed in another state.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 40-2-240?
A common citation format is "South Carolina Code of Laws § 40-2-240" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 40-2-240 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.