Enrolled Version - Final Version
House Bill 4273 History
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Key: Green = existing Code. Red = new code to be enacted
ENROLLED
COMMITTEE SUBSTITUTE
FOR
H. B. 4273
(By Delegate Morgan)
[Passed March 13, 2010; in effect ninety days from passage.]
AN ACT to
amend the Code of West Virginia, 1931, as amended by
adding thereto a new section, designated §33-46A-4a, all
relating to professional employer organizations; providing
that a professional employer organization operating without a
license is subject to the same enforcement provisions and
criminal penalties as unauthorized insurers; and authorizing
insurance fraud unit to conduct investigations.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended be amended by
adding thereto a new section, designated §33-46A-4a, all to read as
follows:
ARTICLE 46A. PROFESSIONAL EMPLOYER ORGANIZATIONS.
§33-46A-4a. Operation of a PEO without a license; enforcement;
penalties; fraud unit may investigate.
(a)
Any person who operates a PEO without a license issued in
accordance with this article is subject to the all of the injunctive, criminal, civil and administrative relief and criminal
penalties as provided in article forty-four of this chapter for the
unauthorized transaction of insurance.
(b) In addition to the other investigative authority granted
to the commissioner in this chapter, the insurance fraud unit
created pursuant to the provisions of section eight, article
forty-one of this chapter may investigate suspected violations of
this article.
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