8 V.S.A. § 2564: Disclosure for payroll processing services
Where this section sits in the code
- Title 8: Banking and Insurance
- Chapter 079: Money Services
- Subchapter 009: TIMELY TRANSMISSION, REFUNDS, AND DISCLOSURES BY MONEY TRANSMITTERS
(a) A licensee that provides payroll processing services shall:
(1) issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account; and
(2) make available worker paystubs or an equivalent statement to workers.
(b) This section shall not apply to a licensee providing payroll processing services where the licensee’s client designates the intended recipients to the licensee and is responsible for providing the disclosures required by subdivision (a)(2) of this section.
Collected 2026-09-05T13:40:21Z. Source file · JSON