Iowa Code 533C.704 – Disclosures for payroll processing services
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Terms Used In Iowa Code 533C.704
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
533C.704 Disclosures for payroll processing services.
1. A licensee that provides payroll processing services shall do all of the following:
a. Issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account.
b. Make available worker pay stubs or an equivalent statement to workers.
2. This section does not apply to a licensee providing payroll processing services where the licensee’s client designated the intended recipients to the licensee and the licensee is responsible for providing the disclosures required by subsection 1, paragraph “”a””.
2003 Acts, ch 96, §28, 42; 2023 Acts, ch 83, §31
Section stricken and rewritten
1. A licensee that provides payroll processing services shall do all of the following:
a. Issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account.
b. Make available worker pay stubs or an equivalent statement to workers.
2. This section does not apply to a licensee providing payroll processing services where the licensee’s client designated the intended recipients to the licensee and the licensee is responsible for providing the disclosures required by subsection 1, paragraph “”a””.
2003 Acts, ch 96, §28, 42; 2023 Acts, ch 83, §31
Section stricken and rewritten