616B.670 - Definitions. - Nevada Statutes

616B.670  Definitions.  As used in NRS 616B.670 to 616B.697, inclusive, unless the context otherwise requires:

      1.  “Applicant” means a person seeking a certificate of registration pursuant to NRS 616B.670 to 616B.697, inclusive, to operate an employee leasing company.

      2.  “Client company” means a company which leases employees, for a fee, from an employee leasing company pursuant to a written or oral agreement.

      3.  “Employee leasing company” means a company which, pursuant to a written or oral agreement:

      (a) Places any of the regular, full-time employees of a client company on its payroll and, for a fee, leases them to the client company on a regular basis without any limitation on the duration of their employment; or

      (b) Leases to a client company:

             (1) Five or more part-time or full-time employees; or

             (2) Ten percent or more of the total number of employees within a classification of risk established by the Commissioner.

      (Added to NRS by 1993, 2419; A 1995, 2135; 1999, 1724; 2009, 1126)