Florida Board of Employee Leasing Companies Meeting Report: May 18, 2011
May 18, 2011
The Florida Board of Employee Leasing Companies Board of Directors (“Board”) met via teleconference today, May 18, 2011 to consider various pertinent matters. To view the meeting agenda click here.
Consideration of Employee Leasing Company and Controlling Person Applications
After approving minutes from its April 20, 2011 meeting, the Board approved the following employee leasing and controlling person applications following a brief discussion:
- Employer Payroll Solutions, Inc. (EL Applicant) 011
- William A. Boyd, Controlling Person Applicant 079
Before approving the applications, Board members expressed concern about a past suspension that occurred in connection to a Professional Employer Organization (“PEO”) brokered by Mr. Boyd. It was discovered that the PEO was not licensed to do business in Florida. As a result, Mr. Boyd incurred a 30-day suspension and a $1,500 fine. Mr. Boyd hired his own legal counsel who paid or corrected all his clients’ outstanding claims.
After voicing concern over the matter, the Board unanimously approved both applications.
Consideration of Change of Ownership Applications
The following application was approved after a brief discussion:
- Staff Payroll of Pensacola, Inc. – EL 121
Consideration of Employee Leasing Company Name Change
The Board unanimously approved the name changes listed below:
- Administaff Companies II, L.P. – EL 238 138
- To: Insperity PEO Services, L.P.
- SCI HR Outsourcing, Inc. – EL 395 157
- To: LRA HR Outsourcing, Inc.
Consideration of Termination of Employee Leasing Company Operations
Board members tabled action on all of the following applications and requested additional information after reviewing the files and determining the documentation that had been provided was inadequate. Initially, the Board declined to accept the voluntary relinquishment requested by Business Personnel Solutions, Inc. and decided an investigation should be opened on the company, but later rescinded that action and instead agreed to give the company more time to provide adequate documentation as it had done for the other applicants.
None of the following listed companies remain in business:
- Business Personnel Solutions, Inc. – EL 343 166
- (CP Relinquishment – George Norton III, CO 789) 179
- First Financial Employee Leasing, Inc. – GL 145 Addendum
- First Financial Employee Leasing II, Inc. – GM 358
- First Financial Employee Leasing III, Inc. – GM 360
- (CP Relinquishment – Larry J. Bennett, CO 219)
- (CP Relinquishment – Bruce T. Smith, CO 233)
Consideration of Controlling Person Relinquishment
The Board unanimously approved a controlling person relinquishment for Robert Beck.
- Robert G. Beck, CO 948 183
- Simple Employer Solutions – EL 126
- Administrative Concepts Corporation – GL 108
- Administrative Concepts 2000 Corporation – GM 268
- Administrative Concepts 2003, Inc. – GM 359
- Administrative Concepts 2010, Inc. – GM 320
- 21st Century Concepts, LLC – GM 333
There was no new business or old business to report and no one from the public spoke. With no further business before the Board, the meeting was adjourned.
Should you have any questions or comments, please contact Colodny Fass.
To unsubscribe from this newsletter, please send an email to Brooke Ellis at bellis@cftlaw.com.