Section 611.400 - Definitions As used in NRS 611.400 to 611.490, inclusive, unless the context otherwise requires:
1. "Applicant" means a person seeking a license pursuant to NRS 611.400 to 611.490, inclusive, to operate a professional employer organization.2. "Client company" means a company which: (a) Utilizes a professional employer organization, for a fee, to provide labor compliance services, including, without limitation, the management of human resources, employee benefits, payroll and workers' compensation; or(b) Leases employees, for a fee, from a professional employer organization pursuant to a written or oral agreement.3. "Ongoing relationship" means a relationship wherein the rights, duties and obligations of an employer which arise out of an employment relationship are allocated between the professional employer organization and the client company on an ongoing, long-term basis. The term does not include a temporary or project-specific agreement between a professional employer organization and a client company.4. "Professional employer organization" means a company which, pursuant to a written or oral agreement intended by the parties to create an ongoing relationship: (a) Provides labor compliance services for a fee, including, without limitation, the management of human resources, employee benefits, payroll and workers' compensation; or(b) 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.(Added to NRS by 1993, 2419; A 1995, 2135; 1999, 1724; 2009, 1126; 2015, 2678; 2021, 1921)-(Substituted in revision for NRS 616B.670) Amended by 2021, Ch. 322,§1.5, eff. 7/1/2021.Amended by 2015, Ch. 458,§2, eff. 10/1/2015.Added to NRS by 1993, 2419; A 1995, 2135; 1999, 1724; 2009, 1126Substituted in revision for NRS 616B.670,