(a) A licensee that provides payroll processing services shall:

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Terms Used In Tennessee Code 45-7-133

(1) Issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account; and
(2) Make available worker paystubs or an equivalent statement to workers.
(b) Subsection (a) does not apply to a licensee providing payroll processing services where the licensee’s client designates the intended recipients to the licensee and is responsible for providing the disclosures required by subdivision (a)(2).