Florida Board of Employee Leasing Companies Meeting Report: March 17, 2010

Mar 18, 2010

 

The Florida Board of Employee Leasing Companies (“Board”) met in teleconference on March 17, 2010, during which various employee leasing company-related administrative matters were considered.  To view the complete meeting agenda, click here.

(Please note that the agenda includes a hyperlink to related regulations that are currently in the Rule development process).

 

Applications Approved

The Board approved the following controlling person application with no discussion:

  • Brian G. Pincket – controlling person application for Alliance Business Solutions, Inc.

 

Name Change Application

The Board approved the following company name change application with no discussion:

  • National Ag Services, Inc. – name change application:

                    Name change to: National Employer Services VI, Inc.

 

Termination of Operations Application

The Board approved the following termination of employee leasing company operations with no discussion:

  • Able Southeast, Inc.

 

New Business

The Board briefly discussed the possibility of drafting a new regulation to allow parent companies to file consolidated financial statements that include all of their subsidiaries, rather than filing separate statements for each company.  It was agreed that this would be a more equitable and less expensive policy. 

Also discussed was a current Rule that requires a company to give the Board 30 days notice before canceling its workers’ compensation insurance.  Florida law, however, provides that workers’ compensation insurance can be canceled after 10 days of non-payment. 

Although the Board agreed that its Rules should be in compliance with Florida law, no formal action was taken on either item.

The meeting was then adjourned.

To access minutes from the January 20, 2010 Board meeting, click on the hyperlinks below:

 

Should you have any questions or comments, please contact Colodny Fass.

 

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