Rhode Island § 5-75-6 - Professional Employer Organizations Act of 2004
Full text of Rhode Island Rhode Island General Laws § 5-75-6 — Professional Employer Organizations Act of 2004, with citation guidance and answers to common questions.
§ 5-75-6. Professional Employer Organizations Act of 2004
R.I. Gen. Laws § 5-75-6
§ 5-75-6. Financial capability — Net worth and bonding.
Each PEO shall maintain a bond or securities with a minimum market value of fifty thousand dollars ($50,000) held by a depository designated by the department securing payment by the PEO of all taxes, wages, benefits, or other entitlement due to, or with respect to, covered employees if the PEO does not make such payments when due. A PEO registered under this chapter and certified by the division of taxation for at least two (2) years shall be exempt from the bonding requirements of this section.
History of Section.
P.L. 2004, ch. 87, § 1; P.L. 2004, ch. 124, § 1.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 5-75-6
What does Rhode Island General Laws § 5-75-6 cover?
Section 5-75-6 ("Professional Employer Organizations Act of 2004") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 5-75-6?
A common citation format is "Rhode Island General Laws § 5-75-6" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 5-75-6 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.