1.Record of each transaction. Each adjuster shall keep at the adjuster's business address shown on the license a record of all transactions under the license. For the purpose of investigation or examination by the superintendent, records may be maintained in electronic form. [1997, c. 457, §23(NEW); 1997, c. 457, §55(AFF).]
2. Information. The record must include: A. A copy of all investigations or adjustments undertaken or consummated; and [1997, c. 457, §23(NEW); 1997, c. 457, §55(AFF).]B. A statement of any fee, commission or other compensation received or to be received by the adjuster on account of the investigation or adjustment. [1997, c. 457, §23(NEW); 1997, c. 457, §55(AFF).] [1997, c. 457, §23(NEW); 1997, c. 457, §55(AFF).]
3. Retention. The adjuster shall make records available for examination by the superintendent at all times and shall retain the records for at least 3 years. [1997, c. 457, §23(NEW); 1997, c. 457, §55(AFF).]
1997, c. 457, § 23 (NEW) . 1997, c. 457, § 55 (AFF) .