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Current as of January 01, 2022 | Updated by FindLaw Staff
1. Record of each transaction. Each adjuster shall keep at the adjuster's business address shown on the license a record of all transactions under the license. For the purpose of investigation or examination by the superintendent, records may be maintained in electronic form.
2. Information. The record must include:
A. A copy of all investigations or adjustments undertaken or consummated; and
B. A statement of any fee, commission or other compensation received or to be received by the adjuster on account of the investigation or adjustment.
3. Retention. The adjuster shall make records available for examination by the superintendent at all times and shall retain the records for at least 3 years.
Cite this article: FindLaw.com - Maine Revised Statutes Title 24-A. Maine Insurance Code § 1474. Records - last updated January 01, 2022 | https://codes.findlaw.com/me/title-24-a-maine-insurance-code/me-rev-st-tit-24-a-sect-1474/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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