Maryland Statutes

§ 3-322

Maryland·Article gin Insurance·Title 3
(a)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)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.

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