28 Tex. Admin. Code § 13.542 - PEO's Fidelity Coverage
An approved PEO must maintain a fidelity bond or a zero-deductible crime policy that complies with the requirements of § 13.568 of this title (relating to Standards for Fidelity Coverage). The fidelity bond or zero-deductible crime policy must cover each person responsible for handling or administering plan assets, including: the approved PEO; its directors, officers, and employees; or any other individual responsible for servicing the plan.
Notes
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