533C.704 Disclosures for payroll processing services. 1. A licensee that provides payroll processing services shall do all of the following:a. Issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account. b. Make available worker pay stubs or an equivalent statement to workers.2. This section does not apply to a licensee providing payroll processing services where the licensee’s client designated the intended recipients to the licensee and the licensee isresponsible for providing the disclosures required by subsection 1, paragraph 'a'. 2003 Acts, ch 96, §28, 42; 2023 Acts, ch 83, §31Section stricken and rewritten Sat Dec 23 01:37:05 2023 Iowa Code 2024, Section 533C.704 (17, 1)
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