North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 19 - MARKET REGULATION DIVISION
Section .0100 - GENERAL PROVISIONS
Section 19 .0102 - MAINTENANCE OF RECORDS
Current through Register Vol. 39, No. 6, September 16, 2024
(a) Every insurer licensed to do business in this State shall maintain for at least five years all records, books, documents, and other business records that are required by this Section and by Chapter 58 of the North Carolina General Statutes.
(b) Every agency, agent, broker, or producer of record shall maintain a file for each policy sold. The file shall contain all work papers and written communications in his or her possession pertaining to that policy. These records shall be retained for at least five years after the final disposition or, for domestic companies, until the Commissioner has adopted a final report of a general examination that contains a review of these records for that calendar year, whichever is later.
Authority
G.S.
58-2-40(1);
58-2-50;
58-2-131;
58-2-132;
58-2-133;
58-2-134;
58-2-185;
58-2-190;
58-2-195;
58-2-200;
58-7-50;
58-20-30;
58-21-40;
58-21-75;
58-22-20(6);
58-23-25;
58-24-135;
58-27-10;
58-36-85(1);
58-39-70;
58-41-15;
58-41-20;
58-41-25;
58-47-100;
58-48-65;
58-49-55;
58-56-16;
58-62-66;
58-63-20;
58-64-55;
58-65-105;
58-67-100;
Eff. March
1, 1993;
Amended Eff. January 1, 2009; August 1, 1998;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. December 20,
2015.
