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
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Last revised: Thursday, May 28, 2009