1. All escrow agents and agencies shall maintain, for a period of not less than 6
years, complete and suitable records of all escrow transactions made by them. A record of a transaction must be maintained in the county in which the property to
which it relates is located if the agent or agency maintains a place of business in
that county. If a place of business is not maintained in that county, the record must be maintained
in the agent's or agency's principal place of business.
2. Every escrow agent and agency shall, at the times required by the Commissioner,
file in the Office of the Commissioner a correct statement, in the form and containing
the data the Commissioner may require, of the business of the agent or agency.
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