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MARYLAND STATUTES AND CODES

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.] 
 

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