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Terms Used In Vermont Statutes Title 21 Sec. 1042

  • Conviction: A judgement of guilt against a criminal defendant.
  • Financial responsibility: means the current and expected future condition of financial solvency sufficient to support a reasonable expectation that an employee leasing company can successfully conduct its business without jeopardizing the interests of the employees leased to the client company or the public. 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
  • State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See

§ 1042. Unprofessional conduct

Unprofessional conduct includes:

(1) Failure to maintain financial responsibility and management competence.

(2) Occupational advertising that is intended or tends to deceive the public.

(3) Failure to comply with substantial provisions of State or federal law governing the conduct of an employee leasing company.

(4) Conviction of a crime related to the conduct of the business of employee leasing by a controlling person of a licensee. (Added 1995, No. 173 (Adj. Sess.), § 1.)