Arizona Revised Statutes Title 23. Labor § 23-569. Financial capability;  bonding;  exception

1. A minimum net worth of at least one hundred thousand dollars.

2. A bond, an irrevocable letter of credit or securities that have a minimum market value of one hundred thousand dollars.  The bond shall be held by a depository designated by the secretary of state in order to secure the payment of all taxes, wages, benefits or other entitlements including amounts expended by the industrial commission's special fund under § 23-907 that are due to be paid by the professional employer organization with respect to covered employees if the professional employer organization fails to make the required payments.  Any bond, irrevocable letter of credit or securities that are deposited under this subsection shall not be included for the purposes of calculating the minimum net worth of the professional employer organization under this subsection.