31A-40-206. 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