Surety Bonds Arkansas:
Professional Employer Organization
In the State of Arkansas, a Surety Bond is a requirement for most Professional Employer Organizations (PEO). A PEO is any person or legal entity engaged in the business of providing professional employer services by entering into a co-employment relationship which at least a majority of the employees of a client and providing professional employer services to the client or to a division or work unit of a client for its covered employees and in which the arrangement is intended to be, or is, ongoing rather than temporary in nature; and employer responsibilities, including the right of direction and control of the employees, are shared by the PEO and its clients. For More information about PEO requirements in Arkansas, please visit the Arkansas Insurance Department Property and Casualty Division website.