§ 23-92-414 - Employer service assurance organization affidavit.

23-92-414. Employer service assurance organization affidavit.

(a) The Insurance Commissioner may provide by rule and regulation for the acceptance of an employer service assurance organization affidavit provided on behalf of a professional employer organization in lieu of the requirements under 23-92-404 -- 23-92-406 and 23-92-408 and the fees provided for in 23-92-407.

(b) The fee for filing an employer service assurance organization affidavit shall be five hundred dollars ($500) for initial licensure and five hundred dollars ($500) for each biennial renewal.