Section 031-760-5 - Written agreementsA. No reinsurance agreement or amendment to any agreement may be used to reduce any liability or to establish any asset in any financial statement filed with the Bureau, unless the agreement, amendment or a binding letter of intent has been duly executed by both parties no later than the date of account of the financial statement.B. In the case of a letter of intent, a reinsurance agreement or an amendment to a reinsurance agreement must be executed within ninety (90) days from the execution date of the letter of intent, in order for credit taken to continue respecting the reinsurance ceded.C. The reinsurance agreement shall contain provisions which provide that: (1) The agreement shall constitute the entire agreement between the parties with respect to the business being reinsured and all understandings between the parties are expressed in the agreement; and(2) Any change or modification to the agreement shall be null and void unless made by amendment to the agreement and signed by both parties.02-031 C.M.R. ch. 760, § 5