Section 8-311 - Agreement between administrator and plan sponsor or insurer.

§ 8-311. Agreement between administrator and plan sponsor or insurer.
 

(a)  Required.- A person may not act as an administrator without a written agreement between the administrator and the plan sponsor or insurer. 

(b)  Administrator to retain agreement.- An administrator shall retain the agreement required by this section as an official record of the administrator for the duration of the agreement and for 3 years after termination of the agreement. 
 

[An. Code 1957, art. 48A, § 687; 1995, ch. 36.]