PEO group definition

PEO group means 2 or more PEOs that are majority owned or commonly controlled by the same entity, parent, or controlling person.
PEO group means a group of Affiliated Professional Employer Organizations.
PEO group means PEO-US, PEO Holdings and all of their Subsidiaries.

Examples of PEO group in a sentence

  • A PEO group may submit combined or consolidated audited financial statements to meet the requirements of this subsection.

  • The bond shall be held by a depository designated by the department to secure payment by the PEO of all taxes, wages, benefits, or other entitlements due to, or regarding, covered employees, if the PEO or PEO group does not make those payments when due.

  • A PEO or PEO group with less than $100,000.00 in working capital at renewal has 180 days to eliminate the deficiency in a manner acceptable to the department.

  • If a PEO group submits a combined or consolidated audited financial statement, including entities that are not PEOs or that are not in the PEO group, the controlling entity of the PEO group under the consolidated or combined statement must guarantee the obligations of the PEOs in the PEO group.

  • Thereafter, a PEO or PEO group shall file on an annual basis, within 270 days after the end of the PEO or PEO group's fiscal year, a succeedingaudit.

  • For any PEO or PEO group whose annual financial statements do not indicate positive working capital, the PEO shall provide a bond in the amount of $100,000.00 plus an amount sufficient to cover the deficit in working capital.

  • During that 180-day period, the PEO or PEO group shall submit quarterly financial statements to the department accompanied by an attestation of the chief executive officer that all wages, taxes, worker's compensation premiums, and employee benefits have been paid by the PEO or members of the PEO group.

  • Thereafter, a PEO or PEO group shall file on an annual basis, within 270 days after the end of the PEO or PEO group’s fiscal year, a succeeding audit.

  • During that 180-day period, the PEO or PEO group shall submit quarterly financial statements to the department accompanied by an attestation of the chief executive officer that all wages, taxes, worker’s compensation premiums, and employee benefits have been paid by the PEO or members of the PEO group.

  • The Group has four such properties, three of which are located in western Estonia, in or near the city of Pärnu, and one of which is located in the city of Tartu.


More Definitions of PEO group

PEO group means two or more professional employer organizations that are majority
PEO group means two or more PEO entities that are majority owned or commonly

Related to PEO group

  • Affiliated Group means any affiliated group within the meaning of Section 1504(a) of the Code or any similar group defined under a similar provision of state, local or foreign law.