State Boards, Commissions, Departments; Banking Department of Texas
KP-0336
Texas Attorney General Opinion
A professional employer organization’s performance of its statutory duties under chapter 91 of the Labor Code pursuant to a professional employer services agreement does not constitute money transmission for which a separate license is required under chapter 151 of the Finance Code.
Sourced from Texas Attorney General.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.