Title 31A Chapter 40 Section 206

Insurance Code
Professional Employer Organization Licensing Act
Section 206
Professional employer service not insurance.

            

31A-40-206.   Professional employer service not insurance.

            (1) A professional employer organization licensed under this chapter is not considered

engaged in the sale of insurance or as acting as a third party administrator when the professional employer organization engages in one or more of the following with respect to a professional employer service:

            (a) offering;

            (b) marketing;

            (c) selling;

            (d) administering; or

            (e) providing.

            (2) Subsection (1) applies to a professional employer service that includes an employee benefit plan for a covered employee.


Enacted by Chapter 318, 2008 General Session