South Carolina Statutes

§ 40-68-50 — License fees; biennial assessment fee; submission of financial data to ensure compliance.

South Carolina·Title 40 PROFESSIONS AND OCCUPATIONS·Ch. 68 REGULATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS
(A)An applicant for an original or renewal license shall pay a fee to the department on the issuance of the license or license renewal. License fees are assessed as follows:
(1)in the first year of the biennium:
(a)two thousand dollars for a resident professional employer organization;
(b)four thousand dollars for a resident professional employer organization group;
(c)two thousand dollars for a nonresident professional employer organization. However, if the state of residency of the nonresident professional employer organization imposes a greater fee for licensing nonresident applicants, the greater fee must be assessed. The maximum fee that may be charged is five thousand dollars for a nonresident professional employer organization;
(d)four thousand dollars for each nonresident pro

Free access — add to your briefcase to read the full text and ask questions with AI

South Carolina § 40-68-50 (License fees; biennial assessment fee; submission of financial data to ensure compliance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1993 Act No. 169, SECTION 1; 2005 Act No. 112, SECTION 1.

Nearby Sections

15
§ 40-68-10
Definitions.
View on official source ↗