BILL NUMBER: SB 1576	INTRODUCED
	BILL TEXT


INTRODUCED BY   Committee on Business, Professions and Economic
Development (Senators Price (Chair), Corbett, Correa, Emmerson,
Hernandez, Negrete McLeod, Strickland, Vargas, and Wyland)

                        MARCH 12, 2012

   An act to amend Sections 5072, 5076, 5093, 5094.6, 5107, 7011.8,
and 7076 of, and to repeal and add Section 5019 of, the Business and
Professions Code, relating to professions and vocations.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1576, as introduced, Committee on Business, Professions and
Economic Development. Professions and vocations.
   Existing law provides for the licensure and regulation of
professions and vocations by boards within the Department of Consumer
Affairs.
   (1) Existing law provides for the licensure and regulation of the
practice of accountancy by the California Board of Accountancy. Under
existing law, permits to engage in the practice of public
accountancy are required to be issued by the board only to holders of
the certificate of certified public accountant, and to those
partnerships, corporations, and other persons who, upon application
approved by the board, are registered with the board.
   Under existing law, the rules of professional conduct adopted by
the board are required to be printed as a part of the application
blanks for both certificates and registration and every applicant for
either a certificate or registration is required to subscribe
thereto when making an application.
   This bill would require such an applicant to acknowledge the fact
that the applicant has read and understands the rules of professional
conduct adopted by the board.
   Existing law authorizes a partnership, except as specified, to be
registered by the board to engage in the practice of public
accountancy provided it meets certain requirements, including, but
not limited to, that each partner personally engaged within this
state in the practice of public accountancy has a valid permit or
certificate to practice in this state and that, except as specified,
each partner not personally engaged in the practice of public
accountancy within this state is required to be a certified public
accountant in good standing of some state.
   This bill would modify those requirements to instead include that
each partner engaged within this state in the practice of public
accountancy has a valid permit or certificate to practice in this
state and that, except as specified, each partner not engaged in the
practice of public accountancy within this state is required to be a
certified public accountant in good standing of some state.
   Existing law requires a firm, in order to renew its registration,
to have a specified peer review report accepted by a board-recognized
peer review group. Existing law requires the board to adopt
regulations and emergency regulations to implement, interpret, and
make specific these peer review requirements.
   This bill would delete that requirement to adopt emergency
regulations.
   Existing law requires an applicant for the certified public
accountant license to comply with certain education, examination, and
experience requirements under one of 2 provisions that set forth
different standards, commonly referred to as the 2 "pathways."
Existing law, under the 2nd pathway, requires an applicant to present
satisfactory evidence that the applicant has completed certain
education, and after December 31, 2013, that education is required to
include specified ethics study. Existing law authorizes the Advisory
Committee on Accounting Ethics Curriculum to determine that a course
satisfies the ethics study requirement. No later than June 1, 2012,
existing law also requires the Advisory Committee on Accounting
Ethics Curriculum to recommend to the board ethics study guidelines,
as defined, to be included as part of the educational requirements.
   This bill would delete those provisions establishing the
responsibilities of the committee.
   Existing law authorizes the board to conditionally renew or
reinstate for a maximum of one year the permit or certificate of a
holder who demonstrates financial hardship and who enters into a
formal agreement with the board to reimburse the board within that
one-year period for those unpaid costs.
   This bill would authorize the board to conditionally renew or
reinstate for a maximum of 3 years a permit or certificate if the
holder demonstrates financial hardship and enters into a formal
agreement with the board to reimburse the board within that 3-year
period for those unpaid costs.
   (2) Existing law, the Contractors' State License Law, provides for
the licensure and regulation of contractors by the Contractors'
State License Board. Existing law requires the board to appoint a
registrar to serve as the executive officer and secretary of the
board to carry out the duties delegated by the board. Under existing
law, any person who reports to or causes a complaint to be filed with
the board that a licensee has engaged in professional misconduct,
knowing that complaint to be false, is guilty of a crime. Existing
law authorizes the board to notify the district attorney or city
attorney that a person has made what the board believes is a false
report or complaint.
   This bill would limit application of those provisions to any
person licensed by the board and would instead authorize the
registrar to issue a citation to such a person.
   (3) This bill would make other technical, nonsubstantive, and
conforming changes.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 5019 of the Business and Professions Code is
repealed. 
   5019.  The rules of professional conduct adopted by the board
shall be printed as a part of the application blanks for both
certificates and registration and every applicant for either a
certificate or registration shall subscribe thereto when making an
application. 
  SEC. 2.  Section 5019 is added to the Business and Professions
Code, to read:
   5019.  Every applicant, when subscribing to an application for
certificate or registration, shall acknowledge the fact that the
applicant has read and understands the rules of professional conduct
adopted by the board.
  SEC. 3.  Section 5072 of the Business and Professions Code is
amended to read:
   5072.  (a) No persons shall engage in the practice of accountancy
as a partnership unless the partnership is registered by the board.
   (b) A partnership, other than a limited partnership, may be
registered by the board to engage in the practice of public
accountancy provided it meets the following requirements:
   (1) At least one general partner shall hold a valid permit to
practice as a certified public accountant, public accountant, or
accountancy corporation, or shall be an applicant for a certificate
as a certified public accountant under Sections 5087 and 5088.
   (2) Each partner  personally  engaged within this
state in the practice of public accountancy as defined by Section
5051 shall hold a valid permit to practice in this state or shall
have applied for a certificate as a certified public accountant under
Sections 5087 and 5088.
   (3) Each partner not  personally  engaged in the
practice of public accountancy within this state shall be a certified
public accountant in good standing of some state, except as
permitted by Section 5079.
   (4) Each resident manager in charge of an office of the firm in
this state shall be a licensee in good standing of this state, or
shall have applied for a certificate as a certified public accountant
under Sections 5087 and 5088.
  SEC. 4.  Section 5076 of the Business and Professions Code is
amended to read:
   5076.  (a) In order to renew its registration, a firm, as defined
in Section 5035.1, shall have a peer review report of its accounting
and auditing practice accepted by a board-recognized peer review
program no less frequently than every three years.
   (b) For purposes of this article, the following definitions apply:

   (1) "Peer review" means a study, appraisal, or review conducted in
accordance with professional standards of the professional work of a
firm, and may include an evaluation of other factors in accordance
with the requirements specified by the board in regulations. The peer
review report shall be issued by an individual who has a valid and
current license, certificate, or permit to practice public
accountancy from this state or another state and is unaffiliated with
the firm being reviewed.
   (2) "Accounting and auditing practice" includes any services that
are performed using professional standards defined by the board in
regulations.
   (c) The board shall adopt regulations as necessary to implement,
interpret, and make specific the peer review requirements in this
section, including, but not limited to, regulations specifying the
requirements for board recognition of a peer review program,
standards for administering a peer review, extensions of time for
fulfilling the peer review requirement, exclusions from the peer
review program, and document submission. 
   (d) The board shall adopt emergency regulations in accordance with
the Administrative Procedure Act (Chapter 3.5 (commencing with
Section 11340) of Part 1 of Division 3 of Title 2 of the Government
Code) to establish policies, guidelines, and procedures as outlined
in subdivision (c). The adoption of the regulations shall be
considered by the Office of Administrative Law to be necessary for
the immediate preservation of the public peace, health and safety, or
general welfare. The emergency regulations shall be submitted to the
Office of Administrative Law for filing with the Secretary of State
and publication in the California Code of Regulations, and shall be
replaced in accordance with the Administrative Procedure Act.
 
   (e) 
    (d)  Nothing in this section shall prohibit the board
from initiating an investigation and imposing discipline against a
firm or licensee, either as the result of a complaint that alleges
violations of statutes, rules, or regulations, or from information
contained in a peer review report received by the board. 
   (f) 
    (e)  A firm issued a substandard peer review report, as
defined by the board in regulation, shall submit a copy of that
report to the board. The board shall establish in regulation the time
period that a firm must submit the report to the board. This period
shall not exceed 60 days from the time the report is accepted by a
board-recognized peer review program provider to the date the report
is submitted to the board. 
   (g) 
    (f)  (1) A board-recognized peer review program provider
shall file a copy with the board of all substandard peer review
reports issued to California-licensed firms. The board shall
establish in regulation the time period that a board-recognized peer
review program provider shall file the report with the board. This
period shall not exceed 60 days from the time the report is accepted
by a board-recognized peer review program provider to the date the
report is filed with the board. These reports may be filed with the
board electronically.
   (2) Nothing in this subdivision shall require a board-recognized
peer review program provider, when administering peer reviews in
another state, to violate the laws of that state. 
   (h) 
    (g)  The board shall, by January 1, 2010, define a
substandard peer review report in regulation. 
   (i) 
    (h)  Any requirements imposed by a board-recognized peer
review program on a firm in conjunction with the completion of a
peer review shall be separate from, and in addition to, any action by
the board pursuant to this section. 
   (j) 
    (i)  Any report of a substandard peer review submitted
to the board in conjunction with this section shall be collected for
investigatory purposes. 
   (k) 
    (j)  Nothing in this section affects the discovery or
admissibility of evidence in a civil or criminal action. 
   (l) 
    (k)  Nothing in this section requires any firm to become
a member of any professional organization. 
   (m) 
    (l)  A peer reviewer shall not disclose information
concerning licensees or their clients obtained during a peer review,
unless specifically authorized pursuant to this section, Section
5076.1, or regulations prescribed by the board. 
   (n) 
    (m)  (1) By January 1, 2015, the board shall provide the
Legislature and Governor with a report regarding the peer review
requirements of this section that includes, without limitation:
   (A) The number of peer review reports completed to date and the
number of reports which were submitted to the board as required in
subdivision  (f)   (e)  .
   (B) The number of enforcement actions that were initiated as a
result of an investigation conducted pursuant to subdivision 
(j)   (i)  .
   (C) The number of firms that were recommended to take corrective
actions to improve their practice through the mandatory peer review
process, and the number of firms that took corrective actions to
improve their practice following recommendations resulting from the
mandatory peer review process.
   (D) The extent to which mandatory peer review of accounting firms
enhances consumer protection.
   (E) The cost impact on firms undergoing mandatory peer review and
the cost impact of mandatory peer review on the firm's clients.
   (F) A recommendation as to whether the mandatory peer review
program should continue.
   (G) The extent to which mandatory peer review of small firms or
sole practitioners that prepare nondisclosure compiled financial
statements on an other comprehensive basis of accounting enhances
consumer protection.
   (H) The impact of peer review required by this section on small
firms and sole practitioners that prepare nondisclosure compiled
financial statements on an other comprehensive basis of accounting.
   (I) The impact of peer review required by this section on small
businesses, nonprofit corporations, and other entities that utilize
small firms or sole practitioners for the purposes of nondisclosure
compiled financial statements prepared on an other comprehensive
basis of accounting.
   (J) A recommendation as to whether the preparation of
nondisclosure compiled financial statements on an other comprehensive
basis of accounting should continue to be a part of the mandatory
peer review program.
   (2) A report to the Legislature pursuant to this section shall be
submitted in compliance with Section 9795 of the Government Code.
  SEC. 5.  Section 5093 of the Business and Professions Code is
amended to read:
   5093.  (a) To qualify for the certified public accountant license,
an applicant who is applying under this section shall meet the
education, examination, and experience requirements specified in
subdivisions (b), (c), and (d), or otherwise prescribed pursuant to
this article. The board may adopt regulations as necessary to
implement this section.
   (b) (1) An applicant for admission to the certified public
accountant examination under the provisions of this section shall
present satisfactory evidence that the applicant has completed a
baccalaureate or higher degree conferred by a degree-granting
university, college, or other institution of learning accredited by a
regional or national accrediting agency included in a list of these
agencies published by the United States Secretary of Education under
the requirements of the Higher Education Act of 1965 as amended (20
U.S.C. Sec. 1001 et seq.), or meeting, at a minimum, the standards
described in subdivision (c) of Section 5094. The total educational
program shall include a minimum of 24 semester units in accounting
subjects and 24 semester units in business-related subjects. This
evidence shall be provided at the time of application for admission
to the examination, except that an applicant who applied, qualified,
and sat for at least two subjects of the examination for the
certified public accountant license before May 15, 2002, may provide
this evidence at the time of application for licensure.
   (2) An applicant for issuance of the certified public accountant
license under the provisions of this section shall present
satisfactory evidence that the applicant has completed at least 150
semester units of college education including a baccalaureate or
higher degree conferred by a college or university, meeting, at a
minimum, the standards described in Section 5094, the total
educational program to include a minimum of 24 semester units in
accounting subjects, 24 semester units in business-related subjects,
and, after December 31, 2013, shall also include a minimum of 10
units of ethics study consistent with the requirements set forth in
Section 5094.3 and 20 units of accounting study consistent with the
regulations promulgated under subdivision (c) of Section 5094.6. This
evidence shall be presented at the time of application for the
certified public accountant license. Nothing herein shall be deemed
inconsistent with Section 5094 or 5094.6.  The Advisory
Committee on Accounting Ethics Curriculum established under Section
5094.5 may determine that a course or a portion of a course satisfies
the ethics study requirement.  Nothing herein shall be
construed to be inconsistent with prevailing academic practice
regarding the completion of units.
   (c) An applicant for the certified public accountant license shall
pass an examination prescribed by the board.
   (d) The applicant shall show, to the satisfaction of the board,
that the applicant has had one year of qualifying experience. This
experience may include providing any type of service or advice
involving the use of accounting, attest, compilation, management
advisory, financial advisory, tax or consulting skills. To be
qualifying under this section, experience shall have been performed
in accordance with applicable professional standards. Experience in
public accounting shall be completed under the supervision or in the
employ of a person licensed or otherwise having comparable authority
under the laws of any state or country to engage in the practice of
public accountancy. Experience in private or governmental accounting
or auditing shall be completed under the supervision of an individual
licensed by a state to engage in the practice of public accountancy.

   (e) Applicants completing education at a college or university
located outside of this state, meeting, at a minimum, the standards
described in Section 5094, shall be deemed to meet the educational
requirements of this section if the board determines that the
education is substantially equivalent to the standards of education
specified under this chapter.
  SEC. 6.  Section 5094.6 of the Business and Professions Code is
amended to read: 
   5094.6.  (a) No later than June 1, 2012, the committee shall
recommend to the board ethics study guidelines consisting of no less
than 10 semester units to be included as a part of the education
required under Section 5093. Ethics study may consist of academic
courses, portions of courses, or independent study offered by
degree-granting universities, colleges, or other institutions of
learning accredited by a regional or national accrediting agency.
Nothing herein shall be deemed inconsistent with prevailing academic
practice regarding completion of units.
   (b) 
    5094.6.    (a)  The board shall  , no
later than January 1, 2012  , by regulation, adopt
guidelines for accounting study to be included as part of the
education required under Section 5093.  In promulgating these
regulations, the board shall consider the views of the Accounting
Education Advisory Committee established under Section 5094.7.
 
   (c) No later than six months following the issuance of the report
by the California Research Bureau regarding the Uniform Accountancy
Act's 150-hour rule, the board shall hold a hearing on the report. At
the hearing, the board shall make recommendations, based on that
report, to the National Association of State Boards of Accountancy
and the American Institute of Certified Public Accountants for
ensuring the relevancy of accountancy education to the modern
practice of accounting and shall approve a plan for the board to seek
the adoption of those recommendations and any others the board may
recommend related to enforcement and Internet disclosure. 

   (d) For purposes of this section, the following definitions shall
apply:  
   (1) Except as provided in subdivision (c), "committee" means the
Advisory Committee on Accounting Ethics Curriculum established under
Section 5094.5.  
   (2) "Ethics study guidelines" means the guidelines for the study
of ethics adopted for California by the committee and the board
consisting of a program of learning that provides students with a
framework of ethical reasoning, professional values, and attitudes
for exercising professional skepticism and other behavior that is in
the best interest of the investing and consuming public and the
profession. At minimum, it includes academic work or independent
study and shall include a foundation for ethical reasoning and the
core values of integrity, objectivity, and independence consistent
with the International Education Standards-4 of the International
Accountants Education Standards Board, the International Federation
of Accountants Code of Ethics, and the American Institute of
Certified Public Accountants Code of Professional Conduct. 

   (3) "Accounting 
    (b)     For purposes of this section,
"accounting  study" means independent study or other academic
work in accounting, business, ethics, business law, or other academic
work relevant to accounting and business, so as to enhance the
competency of students as practitioners.
  SEC. 7.  Section 5107 of the Business and Professions Code is
amended to read:
   5107.  (a) The executive officer of the board may request the
administrative law judge, as part of the proposed decision in a
disciplinary proceeding, to direct any holder of a permit or
certificate found to have committed a violation or violations of this
chapter to pay to the board all reasonable costs of investigation
and prosecution of the case, including, but not limited to, attorneys'
fees. The board shall not recover costs incurred at the
administrative hearing.
   (b) A certified copy of the actual costs, or a good faith estimate
of costs where actual costs are not available, signed by the
executive officer, shall be prima facie evidence of reasonable costs
of investigation and prosecution of the case.
   (c) The administrative law judge shall make a proposed finding of
the amount of reasonable costs of investigation and prosecution of
the case when requested to do so by the executive officer pursuant to
subdivision (a). Costs are payable 120 days after the board's
decision is final, unless otherwise provided for by the
administrative law judge or if the time for payment is extended by
the board.
   (d) The finding of the administrative law judge with regard to
cost shall not be reviewable by the board to increase the cost award.
The board may reduce or eliminate the cost award, or remand to the
administrative law judge where the proposed decision fails to make a
finding on costs requested by the executive officer pursuant to
subdivision (a).
   (e) The administrative law judge may make a further finding that
the amount of reasonable costs awarded shall be reduced or eliminated
upon a finding that respondent has demonstrated that he or she
cannot pay all or a portion of the costs or that payment of the costs
would cause an unreasonable financial hardship which cannot be
remedied through a payment plan.
   (f) When an administrative law judge makes a finding that costs be
waived or reduced, he or she shall set forth the factual basis for
his or her finding in the proposed decision.
   (g) Where an order for recovery of costs is made and timely
payment is not made as directed by the board's decision, the board
may enforce the order for payment in any appropriate court. This
right of enforcement shall be in addition to any other rights the
board may have as to any holder of a permit or certificate directed
to pay costs.
   (h) In a judicial action for the recovery of costs, proof of the
board's decision shall be conclusive proof of the validity of the
order of payment and the terms of payment.
   (i) All costs recovered under this section shall be deposited in
the Accountancy Fund.
   (j) (1) Except as provided in paragraph (2), the board shall not
renew or reinstate the permit or certificate of a holder who has
failed to pay all of the costs ordered under this section.
   (2) Notwithstanding paragraph (1)  or paragraph (2) of
subdivision (g) of Section 125.3  , the board may, in its
discretion, conditionally renew or reinstate for a maximum of
 one year   three years  the permit or
certificate of a holder who demonstrates financial hardship and who
enters into a formal agreement with the board to reimburse the board
within that  one-year   three-year  period
for those unpaid costs.
   (k) Nothing in this section shall preclude the board from seeking
recovery of costs in an order or decision made pursuant to an
agreement entered into between the board and the holder of a permit
or certificate.
   (  l  ) (1) Costs may not be recovered under this section
as a result of a citation issued pursuant to Section 125.9 and its
implementing language if the licensee complies with the citation.
   (2) The Legislature hereby finds and declares that this
subdivision is declaratory of existing law.
  SEC. 8.  Section 7011.8 of the Business and Professions Code is
amended to read:
   7011.8.  (a) Any person  subject to licensure under this
chapter  who reports to, or causes a complaint to be filed with,
the Contractors' State License Board that a person licensed by that
entity has engaged in professional misconduct, knowing the report or
complaint to be false,  is guilty of an infraction punishable
by a fine not to exceed one thousand dollars ($1,000)  
may be issued a citation by the registrar  .
   (b) The board may notify the appropriate district attorney or city
attorney that a person  subject to licensure under this chapter
 has made or filed what the entity believes to be a false report
or complaint against a licensee.
  SEC. 9.  Section 7076 of the Business and Professions Code is
amended to read:
   7076.  (a) An individual license shall be canceled upon the death
of a person licensed as an individual. An immediate member of the
family of the deceased licensee may request a continuance of the
license to complete projects in progress and undertake new work for a
reasonable amount of time to be determined by rules of the board.
The request for a continuance must be made in writing and received at
the board's headquarters office within 90 days after the death.
Approval of the continuance of an individual license may be
contingent upon meeting the bond requirements of Sections 7071.5 and
7071.6 within 90 days of notification by the board of that
requirement. The immediate member of the family must apply for and
obtain his or her own license to continue contracting after the
continuance expires.
   (b) A partnership license shall be canceled upon the death of a
general partner. The remaining partner or partners shall notify the
registrar in writing within 90 days of the death of a general
partner. Failure to notify the registrar within 90 days of the death
is grounds for disciplinary action.
   The remaining general partner or partners may request a
continuance of the license to complete projects in progress and
undertake new work for a reasonable amount of time to be determined
by rules of the board. The request for a continuance must be made in
writing and received at the board's headquarters office within 90
days after the death. The remaining general partner or partners must
apply for and obtain a new license to continue contracting after the
continuance expires.
   (c) A partnership license shall be canceled upon the
disassociation of a general partner or upon the dissolution of the
partnership. The disassociating partner or the remaining partner or
partners shall notify the registrar in writing within 90 days of the
disassociation of a general partner or dissolution of the
partnership. Failure to notify the registrar of the disassociation or
dissolution within 90 days shall cause the license to be canceled
effective the date the written notification is received at the board'
s headquarters office. Failure to notify the registrar within 90 days
of the disassociation or dissolution is grounds for disciplinary
action. The remaining general partner or partners may request a
continuance of the license to complete projects contracted for or in
progress prior to the date of disassociation or dissolution for a
reasonable length of time to be determined by rules of the board. The
request for a continuance must be made in writing and received at
the board's headquarters office within 90 days after the
disassociation or dissolution. The remaining general partner or
partners must apply for and obtain a new license to undertake new
work and to continue contracting after the continuance expires.
   (d) The general partner or partners shall notify the registrar in
writing within 90 days of the death of a limited partner. Failure to
notify the registrar within 90 days of the death is grounds for
disciplinary action.
   The death of a limited partner will not affect the partnership
license unless the partnership license has only one limited partner.
In this case, the license will be canceled upon the death of the
limited partner unless a new limited partner is added to the license
within 90 days of the death.
   If the license is canceled, the remaining general partner or
partners may request a continuance of the license to complete
projects in progress and to undertake new work for a reasonable
amount of time to be determined by rules of the board. The request
for a continuance must be made in writing and received at the board's
headquarters office within 90 days after the death. The remaining
general partner or partners must apply for and obtain a new license
to continue contracting after the continuance expires.
   (e) The general partner or partners shall notify the registrar in
writing within 90 days of the disassociation of a limited partner.
Failure to notify the registrar of the disassociation, within 90
days, shall cause the disassociation to be effective the date the
written notification is received at the board's headquarters office.
Failure to notify the registrar within 90 days of the disassociation
is grounds for disciplinary action.
   The disassociation of a limited partner will not affect the
partnership license unless the partnership license has only one
limited partner. In this case, the license will be canceled upon the
disassociation of the limited partner unless a new limited partner is
added to the license within 90 days of the disassociation. If the
license is canceled, the remaining general partner or partners may
request a continuance of the license to complete projects contracted
for or in progress prior to the date of disassociation for a
reasonable amount of time to be determined by rules of the board. The
request for a continuance must be made in writing and received at
the board's headquarters office within 90 days after the 
death   disassociation  . The remaining general
partner or partners must apply for and obtain a new license to
undertake new work and to continue contracting after the continuance
expires.
   (f) A joint venture license shall be canceled upon the
cancellation, revocation, or disassociation of any of its entity
licenses or upon the dissolution of the joint venture. The registrar
shall be notified in writing within 90 days
                  of the disassociation of a joint venture entity or
dissolution of the joint venture. Failure to notify the registrar of
the disassociation or dissolution within 90 days shall cause the
license to be canceled effective the date the written notification is
received at the board's headquarters office. Failure to notify the
registrar within 90 days of the disassociation or dissolution is
grounds for disciplinary action.
   Any remaining entity or entities may request a continuance of the
license to complete projects contracted for or in progress prior to
the date of disassociation or dissolution for a reasonable amount of
time to be determined by rules of the board. The request for a
continuance must be made in writing and received at the board's
headquarters office within 90 days of the disassociation or
dissolution. The remaining entity or entities must apply for and
obtain a new license to undertake new work and to continue
contracting after the continuance expires.
   (g) Any individual, partnership, or joint venture license
continued in accordance with this section is subject to all other
provisions of this chapter.
   (h) A corporation license shall be canceled upon the corporation's
dissolution, merger, or surrender of its right to do business in
this state. The corporation shall notify the registrar in writing
within 90 days of the dissolution, merger, or surrender. Failure to
notify the registrar of the dissolution, merger, or surrender within
90 days shall cause the license to be canceled effective the date
written notification is received at the board's headquarters office.
If the corporation fails to notify the board of the dissolution,
merger, or surrender, the corporation license shall be canceled 60
days after the board's discovery when researching the corporate
records of the Secretary of State. Failure to notify the registrar
within 90 days of the dissolution, merger, or surrender is grounds
for disciplinary action.
   (i) A limited liability company license shall be canceled upon the
company's dissolution, merger, or surrender of its right to do
business in this state. The limited liability company shall notify
the registrar in writing within 90 days of the dissolution, merger,
or surrender. Failure to notify the registrar of the dissolution,
merger, or surrender within 90 days shall cause the license to be
canceled effective the date written notification is received at the
board's headquarters office. If the limited liability company fails
to notify the board of the dissolution, merger, or surrender, the
limited liability company license shall be canceled 60 days after the
board's discovery when researching the records of the Secretary of
State. Failure to notify the registrar within 90 days of the
dissolution, merger, or surrender is grounds for disciplinary action.

   (j) The registrar shall review and accept the petition of a
licensee who disputes the date of cancellation upon a showing of good
cause. This petition shall be received within 90 days of the board's
official notice of cancellation.