Need help with a review of a severance agreement?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In Louisiana Revised Statutes 23:1765

  • Administrator: means the secretary of the Louisiana Workforce Commission. See Louisiana Revised Statutes 23:1472
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • PEO: means any person that offers professional employer services pursuant to a professional employer services agreement with a client, including but not limited to administrative services organizations and employee leasing organizations that provide services pursuant to a PEO agreement. See Louisiana Revised Statutes 23:1761
  • State: includes the states of the United States, the District of Columbia, the Commonwealth of Puerto Rico and the Virgin Islands. See Louisiana Revised Statutes 23:1472

A.  Every applicant for an initial and a renewal PEO registration shall file with the administrator a completed application on a form prescribed by rules and regulations of the administrator and shall remit an annual registration fee.  Renewal applications and fees remitted later than thirty days after the PEO’s anniversary date may be subject to a penalty not to exceed five hundred dollars.

B.  The contents of a PEO application shall include:

(1)  Identification of applicant:

(a)  If an individual, the name and address of the individual.  Any such applicant shall have reached the full age of majority.

(b)  If a partnership, the applicant shall state the names and home addresses of all controlling persons in the partnership.  If a limited partnership, the partnership shall also produce a certified copy of its certificate of limited partnership.

(c)  If a corporation, the applicant shall state the names and home addresses of all officers and directors and of all other controlling persons of the corporation.  The applicant shall include a certified copy of its articles of incorporation.

(d)  If a limited liability company, the applicant shall state the names and home addresses of all members and indicate which members are managers or controlling persons of the company.  The applicant shall include a copy of the articles of organization and any operating agreement of the type defined in La. Rev. Stat. 12:1301(16).  The limited liability company shall also produce a certified copy of its certificate of organization.

(2)  The address of its principal place of business in this state and the addresses of any other offices within this state through which the applicant intends to conduct business as a PEO.

(3)  Such other information which the administrator deems necessary and requires by rule or regulation to establish that the applicant or the controlling persons thereof are of good moral character, business integrity, and financial responsibility.

(4)  A verification of the information contained in the application by an officer or authorized representative of the applicant in a form prescribed by the administrator.

C.  The administrator shall promulgate rules and regulations for registration and renewal fees not to exceed those reasonably necessary to administer the registration and renewal requirements of this Part.

Acts 2001, No. 1150, §2, eff. Jan. 1, 2002.