Or. Admin. R. 836-080-0188
Current through Register Vol. 63, No. 8, August 1, 2024
Section 836-080-0188 - Recordkeeping(1) Insurers, general agents, independent agencies and insurance producers shall maintain or be able to make available to the Director records of the information collected from the consumer and other information used in making the recommendations that were the basis for insurance transactions for three years after the insurance transaction is completed by the insurer. An insurer is permitted, but shall not be required, to maintain documentation on behalf of an insurance producer.(2) Records required to be maintained by under section (1) of this rule may be maintained in paper, photographic, micro-process, magnetic, mechanical or electronic media or by any process that accurately reproduces the actual document.Or. Admin. R. 836-080-0188
ID 2-2011, f. & cert. ef. 2-4-11; ID 54-2023, temporary suspend filed 12/20/2023, effective 1/1/2024 through 6/28/2024Stat. Auth.: ORS 731.244
Stats. Implemented: ORS 746.100, 746.110 & 746.240