Section 3-322 - Records.
§ 3-322. Records.
(a) In general.- Each surplus lines broker shall keep separate records and accounts of all business transacted under the surplus lines broker's certificate of qualification, including copies of:
(1) any daily report made by the surplus lines broker; and
(2) each binder or cover note delivered by the surplus lines broker.
(b) Period for keeping records.- The records described by subsection (a) of this section shall be kept by the surplus lines broker for 3 years after the issuance of the coverage to which the record relates and shall be available at any reasonable time during that period for examination by the Commissioner.
[An. Code 1957, art. 48A, § 193; 1995, ch. 36.]