1. 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.

   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]

2. 2. Information The record must include:

   1. A. A copy of all investigations or adjustments undertaken or consummated; and

      [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]

   2. 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.

      [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]

   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]

3. 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.

   [PL 1997, c. 457, §23 (NEW); PL 1997, c. 457, §55 (AFF).]

PL 1997, c. 457, §23 (NEW). PL 1997, c. 457, §55 (AFF).