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2013 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:10D-625 Recordkeeping.


HI Rev Stat § 431:10D-625 (2013) What's This?

Cross References

Variable contracts, see §431:10D-118.

§431:10D-625 Recordkeeping. Insurers, managing general agents, independent agencies, and insurance producers shall maintain or make available to the commissioner records of the information collected from the consumer and other information used in making the recommendations that were the basis for insurance transactions for five years after the insurance transaction has been completed by the insurer. An insurer may maintain documentation on behalf of an insurance producer. [L 2007, c 257, pt of §2]

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