Hawaii Revised Statutes 431:10d-625 Recordkeeping.

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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Last modified: October 27, 2016