Section 40-2-560 - Issuance of licenses(A) Licenses must be issued by the board to persons satisfying the requirements of Section 40-2-550 upon the payment of a license fee in an amount to be determined by the board.(B) A licensee must file an application for renewal in accordance with Section 40-2-250.(C) A partnership, firm, or registrant must file an application in accordance with Section 40-2-40 and Section 40-2-255.(D) Legal entities, without payment of a permit fee, must meet the following standards: (1) at least one owner must be an accounting practitioner of this State in good standing;(2) each partner must be lawfully engaged in the practice, as defined in Section 40-2-520, in a state of the United States; and(3) each resident manager in charge of an office must be an accounting practitioner of this State in good standing.Amended by 2022 S.C. Acts, Act No. 174 (SB 812),s 1, eff. 5/16/2022.Amended by 2015 S.C. Acts, Act No. 51 (SB 301), s 9, eff. 6/3/2015.2004 Act No. 289, Section 1; 2000 Act No. 274, Section 4; 1996 Act No. 453, Section 1.