Utah State Professional Employer Organization Biographical Affidavit is a legal document that was released by the Utah Insurance Department - a government authority operating within Utah.
Q: What is a Utah State Professional Employer Organization Biographical Affidavit?
A: The Utah State Professional Employer Organization Biographical Affidavit is a document required by the state of Utah for Professional Employer Organizations (PEOs) operating in the state.
Q: What is a Professional Employer Organization (PEO)?
A: A Professional Employer Organization (PEO) is a company that provides comprehensive HR, payroll, and benefits services to small and medium-sized businesses.
Q: Why is a Biographical Affidavit required for a PEO in Utah?
A: The Biographical Affidavit is required to ensure that the individuals involved in the management of the PEO meet certain qualifications and have the necessary experience.
Q: Who needs to submit a Biographical Affidavit in Utah?
A: All Professional Employer Organizations (PEOs) operating in Utah are required to submit a Biographical Affidavit.
Q: What information is required in the Biographical Affidavit?
A: The Biographical Affidavit requires information about the PEO's owners, officers, and key management personnel, including their biographical information, criminal history, financial background, and employment history.
Q: How often do PEOs need to submit a Biographical Affidavit in Utah?
A: PEOs are required to submit a Biographical Affidavit initially when applying for a license, and then every three years for license renewal.
Q: What happens if a PEO fails to submit a Biographical Affidavit in Utah?
A: Failure to submit a Biographical Affidavit can result in the suspension or revocation of the PEO's license to operate in Utah.
Q: Can a PEO operate in Utah without submitting a Biographical Affidavit?
A: No, a PEO is required to submit a Biographical Affidavit in order to obtain and maintain a license to operate in Utah.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Utah Insurance Department.