Section 8-108 - Records of controlling insurance producer. - Maryland Statutes

§ 8-108. Records of controlling insurance producer.
 

The controlling insurance producer shall keep records sufficient to: 

(1) demonstrate that the controlling insurance producer's dealings with its controlled insurer were fair and comply with Title 7 of this article; and 

(2) disclose accurately the nature and details of the controlling insurance producer's transactions with its controlled insurer, including any information that is necessary to support the charges or fees to the respective parties. 
 

[An. Code 1957, art. 48A, § 662; 1995, ch. 36; 2001, ch. 731, § 1.]