West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-85 - Professional Employer Organizations
Section 114-85-2 - Definitions
Current through Register Vol. XLI, No. 38, September 20, 2024
In addition to the definitions set forth in W. Va. Code § 33-46A-2, the following definitions apply:
2.1. "Controlling Person" means an officer or director of a corporation operating as a professional employer organization, a shareholder holding twenty-five percent (25%) or more of the voting stock of a corporation operating as a professional employer organization, or a person or partner that possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of a company or partnership operating as a professional employer organization, or a person that possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of a company operating as a professional employer organization through the ownership of voting securities, by contract or otherwise, and who is actively involved in the day-to-day management of the company.
2.2. "PEO" means a professional employer organization as defined in W. Va. Code § 33-46A-2(g).
2.3. "Temporary Help Services" means services consisting of a person: