§58-89A-40. Qualifications for controlling person

Latest version.

(a)        To be qualified to serve as a controlling person of a licensee under this Article, the controlling person shall be at least 18 years of age, be of good moral character, and have educational, managerial, or business experience relevant to:

(1)        Operation of a professional employer organization; or

(2)        Service as a controlling person of a professional employer organization.

(b)        This section does not apply to persons who are licensed pursuant to the alternative licensing procedures set forth in G.S. 58-89A-76 or to entities that are controlling persons.

(2004-162, s. 1.)

                    
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