Sec 23-564. Initial registration; fee

A. Beginning March 1, 2006, every professional employer organization in this state shall file an initial registration with the secretary of state. The initial registration shall remain valid until the professional employer organization's first completed fiscal year that is more than one year after March 1, 2006.

B. If a professional employer organization is not conducting business in this state before March 1, 2006, the professional employer organization shall file an initial registration with the secretary of state before conducting business in this state.

C. Every professional employer organization shall pay an initial registration fee established by the secretary of state when an initial registration is filed with the secretary of state.

D. The secretary of state shall determine by rule the fees to be charged under this article.