Home/South Carolina/Statutes/Title 40: PROFESSIONS AND OCCUPATIONS/Ch. 68: REGULATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS/§ 40-68-80
South Carolina Statutes

§ 40-68-80 — Licensing of multiple companies owned by same entity as professional employer organization group; joint liability.

South Carolina·Title 40 PROFESSIONS AND OCCUPATIONS·Ch. 68 REGULATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS
A group of at least two but not more than five professional employer organizations that are majority-owned by the same entity may be licensed as a professional employer organization group. A professional employer organization group may satisfy the reporting and financial requirements of the chapter on a consolidated basis. As a condition of the issuance of a professional employer organization group license, each person that is a member of the group must guarantee payment of all financial obligations of other members of the group.

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South Carolina § 40-68-80 (Licensing of multiple companies owned by same entity as professional employer organization group; joint liability.) — 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.
§ 40-68-100
Duty to issue license to qualified applicants; issuance within prescribed time; time license is valid; renewal.
§ 40-68-110
Disclosure by licensee of information as to insurance or benefit plans for benefit of assigned employees; other reports may be required by regulation.
§ 40-68-120
Licensee's obtaining of workers' compensation coverage; licensee-sponsored and client-sponsored benefit plans for assigned employees; unemployment taxes; notification of start and end of relationship with client company.
§ 40-68-130
Form and content of licenses and notices; display.
§ 40-68-140
Name under which business may be conducted; change of name or location of primary office or records; addition of business offices; license not assignable.
§ 40-68-150
Prohibited acts; operation without license; wrongful use of title or representation of being licensed; use of forged or false information to obtain license or in disciplinary proceeding; use of expired or revoked license; penalties.
§ 40-68-155
Investigation of complaints.
§ 40-68-160
Disciplinary action; grounds; sanctions; notice, hearing, and appeal; reinstatement.
§ 40-68-165
Enforcement by Attorney General.
§ 40-68-170
Fees to be used to implement provisions of chapter.
§ 40-68-180
Other applicable license requirements; licensed, registered, or certified employee considered employee of client company or of licensee; Employment Security Law unaffected.
§ 40-68-20
Department to adopt regulations; Administrative Procedures Act to govern; licensee governed by chapter and regulations.
§ 40-68-30
License required; application and fee; information required as to each member of group; ineligibility for license for year after denial or revocation of license; exceptions.
§ 40-68-40
Qualifications to serve as controlling person; background investigation; fingerprinting; effect of conviction of crime; designating agent for service of process; minimum net worth requirement.
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