§ 31A-40-206. Professional employer service not insurance.

(1) A professional employer organization licensed under this chapter is not considered engaged in the sale of insurance or as acting as a third party administrator when the professional employer organization engages in one or more of the following with respect to a professional employer service: (a) offering; (b) marketing; (c) selling; (d) administering; or (e) providing. (2) Subsection (1) applies to a professional employer service that includes an employee benefit plan for a covered employee.