Ohio Code § 4125.01

§ 4125.01.

As used in this chapter: (A) “ Assurance organization ” means an independent and qualified entity approved by the administrator of workers'

compensation to certify the qualifications of a professional employer organization

or professional employer organization reporting entity. (B) “ Client employer ” means a sole proprietor, partnership, association, limited liability company, or

corporation that enters into a professional employer organization agreement and is

assigned shared employees by the professional employer organization. (C) “ Coemploy ” means the sharing of the responsibilities and liabilities of being an employer. (D) “ Professional employer organization ” means a sole proprietor, partnership, association, limited liability company, or

corporation that enters into an agreement with one or more client employers for the

purpose of coemploying all or part of the client employer's workforce at the client

employer's work site. (E) “ Professional employer organization agreement ” means a written contract to coemploy employees between a professional employer organization

and a client employer with a duration of not less than twelve months in accordance

with the requirements of this chapter. (F) “ Professional employer organization reporting entity ” means two or more professional employer organizations that are majority owned or

commonly controlled by the same entity, parent, or controlling person and that satisfy

reporting entity control rules as defined by the financial accounting standards board

and under generally accepted accounting principles. (G) “ Shared employee ” means an individual intended to be assigned to a client employer on a permanent

basis, not as a temporary supplement to the client employer's workforce, who is coemployed

by a professional employer organization and a client employer pursuant to a professional

employer organization agreement. (H) “Trade secret” has the same meaning as in section 1333.61 of the Revised Code . (I) “ Working capital ” means the excess of current assets over current liabilities as determined by generally

accepted accounting principles.