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