A. The Board of Accountancy Fund (the Fund) is established as a special fund in the state treasury. All fees collected as provided in this chapter and regulations promulgated by the Board, shall be paid into the state treasury immediately upon collection and credited to the Fund. Any interest income shall accrue to the Fund. All disbursements from the Fund shall be made by the State Treasurer upon warrants of the Comptroller issued upon vouchers signed by an authorized officer of the Board or the Executive Director as authorized by the Board.
B. Notwithstanding any law to the contrary, the Board shall have the discretion to use the moneys in the Fund to support its operations as the Board deems appropriate.
2001, c. 832; 2007, c. 804.
Structure Code of Virginia
Title 54.1 - Professions and Occupations
Chapter 44 - Public Accountants
§ 54.1-4401. Applicability of chapter
§ 54.1-4402. Board; membership; qualifications; powers and duties
§ 54.1-4403. General powers and duties of the Board
§ 54.1-4404. Board to employ Executive Director; legal counsel
§ 54.1-4405. Board of Accountancy Fund; receipts; disbursements
§ 54.1-4405.1. Board of Accountancy Trust Account; creation; expenditures; excess moneys
§ 54.1-4406. Powers and duties of the Executive Director
§ 54.1-4409.1. Licensing requirements for persons
§ 54.1-4409.2. How a person may obtain a Virginia license
§ 54.1-4411. Substantial equivalency provisions for persons who hold the license of another state
§ 54.1-4412.1. Licensing requirements for firms
§ 54.1-4413.3. Standards of conduct and practice
§ 54.1-4413.5. Confidential consent agreements
§ 54.1-4415. Exemptions from unlawful acts
§ 54.1-4416. Board's powers with respect to hearings under this chapter
§ 54.1-4418. Recovery of cost after grant of formal fact-finding
§ 54.1-4423. Use of consultants in investigations
§ 54.1-4424. Certain information not to be made public
§ 54.1-4425. Time for filing complaints against CPAs or CPA firms