The Board proposes the rule amendment to remove the provision allowing an employee leasing company to satisfy the requirements of this rule by being accredited in good standing by the Employer Services Assurance Corporation (ESAC).  

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    DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

    Board of Employee Leasing Companies

    RULE NO.:RULE TITLE:

    61G7-10.001Examination of Financial Records: Verification of Compliance

    PURPOSE AND EFFECT: The Board proposes the rule amendment to remove the provision allowing an employee leasing company to satisfy the requirements of this rule by being accredited in good standing by the Employer Services Assurance Corporation (ESAC).

    SUBJECT AREA TO BE ADDRESSED: Examination of Financial Records; Verification of Compliance.

    RULEMAKING AUTHORITY: 468.522, 468.529(4) FS.

    LAW IMPLEMENTED: 468.529(4), 468.535 FS.

    IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

    THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Richard Morrison, Executive Director, Board of Employee Leasing Companies, 1940 North Monroe Street, Tallahassee, Florida 32399-0767

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.

Document Information

Subject:
Examination of Financial Records; Verification of Compliance.
Purpose:
The Board proposes the rule amendment to remove the provision allowing an employee leasing company to satisfy the requirements of this rule by being accredited in good standing by the Employer Services Assurance Corporation (ESAC).
Rulemaking Authority:
468.522, 468.529(4) F.S.
Law:
468.529(4), 468.535 F.S.
Contact:
Richard Morrison, Executive Director, Board of Employee Leasing Companies, 1940 North Monroe Street, Tallahassee, Florida 32399-0767.
Related Rules: (1)
61G7-10.001. Quarterly Reporting Regarding Working Capital Requirements