NEWJERSEYSTATEBOARDOFACCOUNTANCY LAWANDPUBLICSAFETY
Chapter29 Page8of53 LastRevisionDate:9/3/2019
13:29-1.7 LICENSE RENEWAL
a) The Board shall send a notice of renewal to each licensee, at least 60 days prior to the
expiration of the license. The notice of renewal shall explain inactive renewal and advise
the licensee of the option to renew as inactive. If the notice to renew is not sent 60 days
prior to the expiration date, no monetary penalties or fines shall apply to the holder for
failure to renew, provided that the license is renewed within 60 days from the date the
notice is sent or within 30 days following the date of license expiration, whichever is
later.
b) A licensee shall renew his or her license for a period of three years from the last
expiration date. The licensee shall submit a renewal application to the Board, along with
the renewal fee set forth in N.J.A.C. 13:29-1.5, prior to the date of license expiration.
c) A licensee may renew his or her license by choosing inactive status. A licensee electing
to renew his or her license as inactive shall not engage in the practice of accountancy,
registered municipal accounting, or public school accounting, as applicable, or hold
himself or herself out as eligible to engage in the practice of accountancy, registered
municipal accounting, or public school accounting, as applicable, in New Jersey, until
such time as the license is returned to active status.
1)
A licensee choosing inactive status shall be provided with the option of choosing
either inactive paid or inactive unpaid status. A licensee electing inactive paid status
shall pay the applicable inactive renewal fee set forth in N.J.A.C. 13:29-1.5, which
shall entitle the licensee to obtain all printed information disseminated by the Board
to all active licensees. A licensee choosing inactive unpaid status shall not be
required to pay the inactive renewal fee and shall not receive printed information
disseminated by the Board to active licensees. A licensee choosing inactive paid or
unpaid status shall not engage in the practice of accountancy, registered municipal
accounting, or public school accounting, as applicable, in New Jersey, until such time
as the license is returned to active status.
2)
A licensee who has elected inactive status shall not use, in any form, the title or
designation of certified public accountant, public accountant, accountant, auditor, or
registered municipal accountant, as applicable, or any other title or designation that
implies that the person holds a valid, active license from the Board. Inactive
licensees may use such titles or designations provided the titles or designations
contain the word inactive.
3)
A holder of a license as a Public School Accountant or Registered Municipal
Accountant who elects to place the qualifying license (for example, Certified Public
Accountant or Public Accountant license) in inactive status, shall also elect inactive