Vermont Statutes Title 21 Sec. 1037
Terms Used In Vermont Statutes Title 21 Sec. 1037
- Client company: means a person who enters into an agreement with an employee leasing company to lease any or all of its regular employees. See
- Commissioner: means the Commissioner of Labor or the Commissioner's designee. 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
§ 1037. Workers’ compensation
(a) Workers’ compensation insurance premiums shall be determined and paid based on the experience rating of the client company for which the leased employee performs services, provided the client company has sufficient workers’ compensation premium volume to be experience rated, otherwise the premiums shall be the rate approved for an employer that cannot be experience rated.
(b) Both the employee leasing company and its client company shall be entitled to the exclusivity of remedy provisions of section 622 of this title provided that workers’ compensation coverage is in effect.
(c) A workers’ compensation insurer shall notify the Commissioner and the client company no later than 30 days prior to any lapse or cancellation of workers’ compensation coverage. (Added 1995, No. 173 (Adj. Sess.), § 1.)