56-56-102 - Maintenance of benefit and welfare plans.

56-56-102. Maintenance of benefit and welfare plans.

An employee or staff leasing company or staff leasing group may sponsor and maintain employee benefit and welfare plans in accordance with § 62-43-113(d), for the benefit of its leased employees. The self-insured plans developed under this section are not subject to the premium taxes imposed by this title.

[Acts 2005, ch. 431, § 1.]