81-21-11 - Records.
§ 81-21-11. Records.
(1) A premium finance company shall maintain records of its premium finance transactions.
(2) A premium finance company shall preserve its records of premium finance transactions, including preservation by means of electronic data processing or computer records, for at least two (2) years after making the final entry with respect to any premium finance agreement. The preservation of records in photographic, microfilm or microfiche form constitutes compliance with this section.
Sources: Laws, 1992, ch. 569, § 6, eff from and after July 1, 1992.