{"data":{"id":"us-nd/n.d.-cent.-code-43-55-07","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 43-55-07","heading":"Benefit plans","body":"1.Both a client and a professional employer organization are deemed to be an employer for purposes of sponsoring retirement and welfare benefit plans for a covered employee.\n2.A fully insured welfare benefit plan offered to the covered employees of a professional employer organization is considered a single employer welfare benefit plan and may not be considered a multiple employer welfare arrangement.\n3.For purposes of chapter 26.1-36.3, a professional employer organization is considered the employer of all of its covered employees, and all covered employees of any client participating in a health benefit plan sponsored by a single professional employer organization are considered employees of the professional employer organization.\n4.If a professional employer organization offers to its covered employees any health benefit plan that is not fully insured by an authorized insurer, the plan must:\na.Utilize an authorized third-party administrator;\nb.Hold all plan assets, including participant contributions, in a trust account;\nc.Provide sound reserves for the plan as determined using generally accepted actuarial standards; and\nd.Provide written notice to each covered employee participating in the benefit plan that the plan is self-insured or is not fully insured.","path":["Title 43 Occupations And Professions","Chapter 43-55 Professional Employer Organizations"],"source_url":"https://ndlegis.gov/cencode/t43c55.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"b78836bab05c75437d74802b52fc87451c906c2b7c92df1619816789eeeb6eab","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-43-55-06","next":"us-nd/n.d.-cent.-code-43-55-08"},"notice":"GroundRules: Original legal text. Not legal advice."}