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Terms Used In Vermont Statutes Title 21 Sec. 1034

  • Applicant: means a person applying for a license or for a renewal of a license under this chapter. See
  • leasing company: means a person engaged in the business of providing individuals to perform ongoing services for an indefinite time period for client companies pursuant to one or more employee leasing agreements executed between the leasing company and the client company. See
  • Licensee: means an employee leasing company licensed under this chapter. See
  • Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See

§ 1034. Controlling person

(a) Each controlling person of an applicant or licensee shall:

(1) be at least 18 years of age; and

(2) have a personal history of honesty, trustworthiness, and fairness and a reputation for fair dealings and respect for the rights of others and for the law.

(b) For the purposes of this chapter, “controlling person” means an individual who has the authority to direct the management or policies of an employee leasing company or who is employed, appointed, or authorized by an employee leasing company to enter into contractual relationships with client companies on the employee leasing company’s behalf. (Added 1995, No. 173 (Adj. Sess.), § 1.)