Section R590-276-4 - Retention Requirements(1) Except as provided in Subsection (2), the retention requirement for the books and records of an insurer or fraternal subject to Title 31A, Chapter 14, Foreign Insurers, is three years plus the current year.(2)(a) The retention requirement for the books and records of a foreign title insurer, including records related to title search, examination, and underwriting used for determining insurability, is 15 years, pursuant to Subsection 31A-20-110(1).(b) The retention requirement for books and records related to escrow transactions involving real property is three years plus the current year, pursuant to Subsection 31A-23a-412(5).(3) All books and records shall be made available during normal business hours.(4) Nothing in this section prohibits electronically stored books and records.Utah Admin. Code R590-276-4
Adopted by Utah State Bulletin Number 2018-10, effective 4/23/2018Amended by Utah State Bulletin Number 2023-02, effective 1/10/2023