31.03.13.05

.05 Maintenance of Information by Insurance Producer.

A. A licensed insurance producer that has received written documentation of an appointment from an insurer shall maintain:

(1) The documentation of the insurer's appointment that is provided by the insurer under Regulation .04 of this chapter; and

(2) A list of insurers that have appointed the insurance producer.

B. If an insurance producer maintains the information required to be maintained by §A of this regulation electronically, the insurance producer shall maintain the information in a manner that allows the information to be retrieved within 10 working days after a request from the Insurance Commissioner.

C. With respect to a particular appointment, the insurance producer shall maintain the information required to be maintained by §A of this regulation:

(1) While the appointment is in effect; and

(2) For at least 5 years after the termination of the appointment.