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PART VIII

REIMBURSING EMPLOYERS

8.1 BONDING REQUIREMENTS

8.1.1 Statutory Reference: 8-70-114 and 8-76-110, C.R.S.

8.1.2 Bond Requirements. A surety bond, deposit of money, or securities, specified in 8-70-114 (2)(g)(III) and 8-76-110 (4), C.R.S., shall be required only if the amount of the bond, deposit of money, or securities computed as provided in said section is one hundred dollars or more.

8.1.3 Bond Calculation, Employee Leasing. The bond calculation required in 8-70-114 (2)(g)(III)(a), C.R.S., shall be based on the total taxes assessed under the employee-leasing company's unemployment insurance account, including taxes assessed for work-site employers required to report under the employee-leasing company's account. If in the prior year, the work-site employer reported under a separate unemployment insurance account, the taxes assessed for the work-site employer in the separate account shall be included in the bond calculation.