HAR §16-71-4. Evidence of authority to practice

Each permit holder and public accounting firm shall at all times display evidence of the authority to practice, together with the certificate or registration and other evidence of current validation, in the permit holder's and public accounting firm's place of business. [Eff 1/1/74; ren §1.05, 11/21/74; ren §1.04, 3/6/80; am and ren §16-71-4, 6/25/81; am and comp 6/8/84; am and comp 10/23/87; comp 2/22/94; comp 6/3/95; comp 1/22/01; comp 1/30/10; comp 2/13/12; comp 11/27/21] (Auth: HRS §466-4) (Imp: HRS §§466- 4, 466-7) §16-71-4.5 Minimum insurance requirements for a professional corporation. (a) Pursuant to section 415A-11, HRS, a professional accounting corporation may provide security for professional responsibility by procuring errors and omissions insurance or a surety bond issued by an insurance company, or any combination thereof, as the corporation may elect. (b) The minimum amount of errors and omissions insurance or surety bond issued by an insurance company for a professional accounting corporation shall be $100,000 for each shareholder; provided that the minimum amount for each professional accounting corporation shall not be less than $250,000. [Eff and §16-71-4.5 71-6 comp 1/30/10; comp 2/13/12; comp 11/27/21] (Auth: HRS §466-4) (Imp: HRS §§415A-11, 466-4) SUBCHAPTER 2 DEFINITIONS