North Carolina General Statutes
Article 89A - North Carolina Professional Employer Organization Act.
§ 58-89A-40 - Qualifications for controlling person.

58-89A-40. Qualifications for controlling person.
(a) To be qualified to serve as a controlling person of a licensee under this Article, the controlling person shall be at least 18 years of age, be of good moral character, and have educational, managerial, or business experience relevant to:
(1) Operation of a professional employer organization; or
(2) Service as a controlling person of a professional employer organization.
(b) This section does not apply to persons who are licensed pursuant to the alternative licensing procedures set forth in G.S. 58-89A-76 or to entities that are controlling persons. (2004-162, s. 1.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 58 - Insurance

Article 89A - North Carolina Professional Employer Organization Act.

§ 58-89A-1 - Title.

§ 58-89A-5 - Definitions.

§ 58-89A-15 - Rules.

§ 58-89A-20 - Interagency cooperation.

§ 58-89A-25 - Effect of other law on client companies and assigned employees.

§ 58-89A-30 - Other provisions of this chapter.

§ 58-89A-31 - Tax credits and other incentives.

§ 58-89A-35 - License required; professional employer organization groups.

§ 58-89A-40 - Qualifications for controlling person.

§ 58-89A-50 - Surety bond; letter of credit; other deposits.

§ 58-89A-60 - License application.

§ 58-89A-65 - Fees.

§ 58-89A-70 - License issuance and maintenance.

§ 58-89A-75 - De minimis registration.

§ 58-89A-76 - Alternative licensing.

§ 58-89A-80 - License not assignable; change of name or location.

§ 58-89A-85 - Supervision; rehabilitation; liquidation.

§ 58-89A-95 - Agreement.

§ 58-89A-100 - Contract requirements.

§ 58-89A-105 - Employee benefit plans; required disclosure; other reports.

§ 58-89A-106 - Health insurance plan requirements.

§ 58-89A-107 - Examinations of self-funded health benefit plans.

§ 58-89A-110 - Workers' compensation insurance.

§ 58-89A-112 - Liabilities.

§ 58-89A-115 - Benefit plan notice.

§ 58-89A-120 - Unemployment taxes; payroll.

§ 58-89A-125 - Posting requirements.

§ 58-89A-130 - Contractual duties.

§ 58-89A-135 - Compliance with other laws.

§ 58-89A-140 - Required information.

§ 58-89A-145 - Examinations.

§ 58-89A-150 - Agent for service of process.

§ 58-89A-155 - Grounds for disciplinary action.

§ 58-89A-160 - Sanctions.

§ 58-89A-165 - Injunctions; civil remedies; cease and desist orders.

§ 58-89A-170 - Prohibited acts.

§ 58-89A-175 - Criminal penalty.

§ 58-89A-180 - Application to unlicensed professional employer organizations.