Section 1031 - DefinitionsAs used in this chapter:
(1) "Applicant" means a person applying for a license or for a renewal of a license under this chapter.(2) "Commissioner" means the Commissioner of Labor or the Commissioner's designee.(3) "Client company" means a person who enters into an agreement with an employee leasing company to lease any or all of its regular employees.(4) "Employee leasing agreement" means an agreement, executed between an employee leasing company and a client company, pursuant to which an employee leasing company provides one or more individuals to perform services for a client company on an ongoing basis.(5) "Employee leasing company" or "leasing company" means a person engaged in the business of providing individuals to perform ongoing services for an indefinite time period for client companies pursuant to one or more employee leasing agreements executed between the leasing company and the client company. "Employee leasing company" does not include labor organizations.(6) "Financial responsibility" means the current and expected future condition of financial solvency sufficient to support a reasonable expectation that an employee leasing company can successfully conduct its business without jeopardizing the interests of the employees leased to the client company or the public.(7) "Licensee" means an employee leasing company licensed under this chapter.(8) "Temporary help company" means a person who hires its own employees and provides them to another business entity as temporary full- or part-time personnel to provide services for a finite period of time in special or unusual situations such as employee absences, temporary skill shortages, seasonal workloads, and special work assignments and projects.Added 1995, No. 173 (Adj. Sess.) , § 1; amended 2005, No. 103 (Adj. Sess.) , § 3, eff. 4/5/2006; 2017 , No. 74, § 44.