Tex. Ins. Code § 4151.112

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 4151.112 - Maintenance of Books and Records

(a) An administrator shall maintain at the administrator's principal administrative office adequate books and records of each transaction in which the administrator engages with an insurer, plan, plan sponsor, insured, or plan participant.

(b) The administrator shall maintain the books and records:

(1) until the fifth anniversary of the end of the term of the written agreement to which the books and records relate; and

(2) in accordance with prudent standards of insurance recordkeeping.

Tex. Ins. Code § 4151.112

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.