Section Ins 4301.08 - Recordkeeping Requirements(a) The following records relative to the premium trust account shall be maintained at all times by the insurance producer pursuant to RSA 400-B:3: (1) Periodic statements of account supplied by the bank for all premium trust accounts maintained pursuant to this part;(2) Records of all deposits made into each premium trust account;(3) Cancelled checks drawn on, or records of withdrawal of funds from, such premium trust accounts; and(4) An accounts receivable listing or similar record.(b) All records described above shall be kept in the principal office of the insurance producer.(c) All records shall be maintained:(1) In an orderly manner so that the information therein is readily available;(2) So that the records are open to inspection or examination by the commissioner at all times; and(3) To include references to the individual insurance contracts with a breakdown of commission versus premium.N.H. Admin. Code § Ins 4301.08
(See Revision Note at chapter heading for Ins 4300) #8935, eff 8-1-07
Amended by Volume XXXV Number 45, Filed November 12, 2015, Proposed by #10963, Effective 10/26/2015, Expires 10/26/2025.