§431:9A-123 - Records of insurance producer.
§431:9A-123 Records of insurance producer. (a) Every insurance producer shall keep a record of all transactionsconsummated under the producer's license. This record shall be in a formorganized according to class of insurance and shall include:
(1) A record of each insurance contract procured orissued, together with the names of the insurers and insureds, the amount ofpremium paid or to be paid or the basis of the premium or consideration paid orto be paid, and a statement of the subject of the insurance; and
(2) Other and additional information as shall becustomary, or as may reasonably be required by the commissioner.
(b) All the records as to any particulartransaction shall be kept in the licensee's office and shall be available andopen to the inspection of the commissioner during business hours during thefive years immediately after the date of the completion of the transaction.
(c) This section shall not apply to life oraccident and health or sickness insurance if the records required of suchinsurance are customarily maintained in the offices of the insurer. [L 2001, c216, pt of §2; am L 2002, c 155, §34]