(B) Initial registration and each annual registration renewal shall include all of the following:

1. (1) A list of each of the professional employer organization's client employers current as of the date of registration for purposes of initial registration or current as of the date of annual registration renewal, or within fourteen days of adding or releasing a client, that includes the client employer's name, address, federal tax identification number, and bureau of workers' compensation risk number;
2. (2) A fee as determined by the administrator;
3. (3) The name or names under which the professional employer organization conducts business;
4. (4) The address of the professional employer organization's principal place of business and the address of each office it maintains in this state;
5. (5) The professional employer organization's taxpayer or employer identification number;
6. (6) A list of each state in which the professional employer organization has operated in the preceding five years, and the name, corresponding with each state, under which the professional employer organization operated in each state, including any alternative names, names of predecessors, and if known, successor business entities;
7. (7) The most recent financial statement prepared and audited pursuant to division (B) of section 4125.051 of the Revised Code;
8. (8) If there is any deficit in the working capital required under division (A) of section 4125.051 of the Revised Code, a bond, irrevocable letter of credit, or securities with a minimum market value in an amount sufficient to cover the deficit in accordance with the requirements of that section;
9. (9) An attestation of the accuracy of the data submissions from the chief executive officer, president, or other individual who serves as the controlling person of the professional employer organization.

(C) Upon terms and for periods that the administrator considers appropriate, the administrator may issue a limited registration to a professional employer organization or professional employer organization reporting entity that provides all of the following items:

1. (1) A properly executed request for limited registration on a form provided by the administrator;
2. (2) All information and materials required for registration in divisions (B)(1) to (6) of this section;

3. (3) Information and documentation necessary to show that the professional employer organization or professional employer organization reporting entity satisfies all of the following criteria:

   1. (a) It is domiciled outside of this state.
   2. (b) It is licensed or registered as a professional employer organization in another state.
   3. (c) It does not maintain an office in this state.
   4. (d) It does not participate in direct solicitations for client employers located or domiciled in this state.
   5. (e) It has fifty or fewer shared employees employed or domiciled in this state on any given day.

(D)

1. (1) The administrator, with the advice and consent of the bureau of workers' compensation board of directors, may adopt rules in accordance with Chapter 119. of the Revised Code to require, in addition to the requirement under division (B)(8) of this section, a professional employer organization to provide security in the form of a bond or letter of credit assignable to the Ohio bureau of workers' compensation not to exceed an amount equal to the premiums and assessments incurred for the most recent policy year, prior to any discounts or dividends, to meet the financial obligations of the professional employer organization pursuant to this chapter and Chapters 4121. and 4123. of the Revised Code.
2. (2) A professional employer organization may appeal the amount of the security required pursuant to rules adopted under division (D)(1) of this section in accordance with section 4123.291 of the Revised Code.
3. (3) A professional employer organization shall pay premiums and assessments for purposes of Chapters 4121. and 4123. of the Revised Code on a monthly basis pursuant to division (A) of section 4123.35 of the Revised Code.