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.
Last modified: February 25, 2006