Each surplus lines broker shall keep a separate account of each transaction entered into pursuant to sections 60A.195 to 60A.209 . Evidence of these transactions shall be documented in the form and manner designated by the commissioner and retained by the broker for a minimum of five years. The forms must be readily available for review and audit by the commissioner.
Minn. Stat. § 60A.203
RETENTION OF RECORDS.
Known as the Minnesota Surplus Lines Insurance Act
The act spans §§ 60A.195 to 60A.2095 (17 sections).
1981 c 221 s 8; 1992 c 564 art 1 s 22; 2011 c 108 s 16
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.