Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 15. UNFAIR TRADE PRACTICES |
Chapter 31.15.14. Administrative Service Fees |
Sec. 31.15.14.04. Records
Latest version.
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A. An insurance producer shall retain a copy of the signed disclosure form for a period of 5 years.
B. An insurance producer shall retain documentation of the actual costs associated with providing the administrative service to an employer for a period of 5 years.