§ 23-564 – Initial registration; fee
23-564. Initial registration; fee A. Beginning March 1, 2006, every professional employer organization in this state shall file an initial registration with the secretary of state. The initial registration shall remain valid until the professional employer organization’s first completed fiscal year that is more than one year after March 1, 2006. B. If a professional […]
§ 23-565 – Renewal registration; fee
23-565. Renewal registration; fee Within one hundred eighty days of a registrant’s completed fiscal year, each registrant shall file a renewal registration with the secretary of state. The renewal registration shall include any changes to the information that was filed in the registrant’s most recent registration. Each professional employer organization shall pay a renewal registration […]
§ 23-566 – Group registration
23-566. Group registration Only for purposes of registration with the secretary of state, if two or more professional employer organizations are held under common control of another person or persons who are acting in concert, the professional employer organizations may file a registration under this article as a professional employer organization group. A professional employer […]
§ 23-567 – Limited registration; fee
23-567. Limited registration; fee A. Notwithstanding section 23-564 or 23-565, a professional employer organization may file a limited registration with the secretary of state on a form prescribed by the secretary of state if all of the following apply: 1. The professional employer organization is domiciled outside of this state and is licensed or registered […]
§ 23-568 – Alternative registration; fee
23-568. Alternative registration; fee A. The secretary of state may establish by rule an alternative registration that accepts an affidavit or certification of a bonded, independent and qualified assurance organization that certifies the qualifications of a professional employer organization under section 23-564, 23-565 or 23-566. The secretary of state shall approve any bonded, independent and […]
§ 23-569 – Financial capability; bonding; exception
23-569. Financial capability; bonding; exception A. Every professional employer organization that is located in this state shall maintain either of the following: 1. A minimum net worth of at least one hundred thousand dollars. 2. A bond, an irrevocable letter of credit or securities that have a minimum market value of one hundred thousand dollars. […]