Colorado § 11-110-905 Disclosures for payroll processing services

Colorado Statutes

§ 11-110-905 — Disclosures for payroll processing services

Colorado·Title 11 Financial·Art. Money Transmitters

(1)A licensee that provides payroll processing services shall:

(a)Issue reports to clients detailing client payroll obligations in advance of the payroll money being deducted from an account; and

(b)Make available worker pay stubs or an equivalent statement to workers.

(2)Subsection (1) of this section does not apply to a licensee providing payroll processing services where the licensee's client designates the intended recipients to the licensee and is responsible for providing the disclosures required by subsection (1)(b) of this section.

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(1) A licensee that
provides payroll processing services shall:

(a) Issue reports to clients detailing client payroll obligations in advance of
the payroll money being deducted from an account; and

(b) Make available worker pay stubs or an equivalent statement to workers.

(2) Subsection (1) of this section does not apply to a licensee providing
payroll processing services where the licensee's client designates the intended
recipients to the licensee and is responsible for providing the disclosures required
by subsection (1)(b) of this section.

Colorado § 11-110-905 (Disclosures for payroll processing services) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.