(a) The Board may:
(1) cancel, revoke, suspend for a period not exceeding 2 years, or refuse to renew any Certificate of Certified Public Accountant, registration of public accountant or permit to practice issued under this chapter; or it may
(2) censure a person holding any such certificate, registration or permit, for any 1 or a com-bination of the following causes:
(A) dishonesty, deceit, or fraud in obtaining any certificate, registration, or permit to practice issued under the provisions of this chapter;
(B) dishonesty, deceit, fraud, or gross negligence in the practice of public accountancy;
(C) violation of any of the provisions of 31.0222 through 31.0224 or of any rule of the Board relating to professional conduct.
(b) Upon application of any person against whom disciplinary action has been taken under the provisions of subsection (a) of this section, the Board may reinstate the person and reissue any certificate, registration, or permit to practice which was affected by the disciplinary action.History: 1978, PL 15-75.