Posts Tagged ‘NEBRASKA surety bond’

NEBRASKA surety bond for Professional Employer Organizations

Friday, May 14th, 2010

Nebraska is in the news for a new law that was recently passed. LB 579 requires professional employer organizations to obtain bonding if they have a negative working capital.  If a PEO in Nebraska has a negative working capital they will be required to obtain a surety bond to make up the deficiency plus an additional $100,000.