View Our Newest Version Here

2002 Florida Code
TITLE XXXVII INSURANCE
Chapter 634 WARRANTY ASSOCIATIONS  
PART I MOTOR VEHICLE SERVICE AGREEMENT COMPANIES (ss. 634.011-634.289)
634.136   Office records required.

634.136  Office records required.--Each licensed motor vehicle service contract company, as a minimum requirement for permanent office records, shall maintain:

(1)  A complete set of accounting records, including, but not limited to, a general ledger, cash receipts and disbursements journals, accounts receivable registers, and accounts payable registers.

(2)  Memorandum journals showing the blank service agreement forms issued to the company salespersons and recording the delivery of the forms to the dealer.

(3)  Memorandum journals showing the service contract forms received by the motor vehicle dealers and indicating the disposition of the forms by the dealer.

(4)  A detailed service agreement register, in numerical order by service agreement number, of agreements in force, which register shall include the following information: service agreement number, date of issue, issuing dealer, name of agreement holder, description of motor vehicle, service agreement period and mileage, gross premium, commission to salespersons, commission to dealer, and net premium.

(5)  A detailed claims register, in numerical order by service agreement number, which register shall include the following information: service agreement number, date of issue, date of claim, type of claim, issuing dealer, amount of claim, date claim paid, and, if applicable, disposition other than payment and reason therefor.

History.--s. 5, ch. 78-231; s. 2, ch. 81-318; ss. 15, 32, 33, ch. 82-234; s. 68, ch. 91-106; s. 20, ch. 93-195; s. 458, ch. 97-102.

Disclaimer: These codes may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.