# COMAR 31.09.12.10: COMAR 31.09.12.10. Record Keeping

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_10

## Section

- **Citation:** COMAR 31.09.12.10
- **Heading:** COMAR 31.09.12.10. Record Keeping
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 31 MARYLAND INSURANCE ADMINISTRATION / Subtitle 09 LIFE INSURANCE AND ANNUITIES / Chapter 12 Suitability in Annuity Transactions / COMAR 31.09.12.10

## Text

A. Insurers, general agents, independent agencies, and producers shall maintain or be able to make available to the Commissioner records of the information collected from the consumer and other information used in making the recommendations that were the basis for insurance transactions for 7 years after the insurance transaction is completed by the insurer.
B. An insurer is permitted, but is not required, to maintain documentation on behalf of a producer.
C. Records required to be maintained by this regulation may be maintained in paper, photographic, micro processed, magnetic, mechanical, or electronic media, or by any process that accurately reproduces the actual document, if the copy of the record is maintained in a manner that:
(1) Is clear and legible;
(2) Accurately reproduces the original document in its entirety, including any attachments to the document;
(3) Is capable of producing a clear and legible hard copy of the original document; and
(4) Preserves evidence of any signature contained on the document.

## Nearby sections

- [COMAR 31.09.12.01 COMAR 31.09.12.01. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_01.md)
- [COMAR 31.09.12.02 COMAR 31.09.12.02. Scope](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_02.md)
- [COMAR 31.09.12.03 COMAR 31.09.12.03. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_03.md)
- [COMAR 31.09.12.04 COMAR 31.09.12.04. Best Interest Obligations](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_04.md)
- [COMAR 31.09.12.05 COMAR 31.09.12.05. Supervision System](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_05.md)
- [COMAR 31.09.12.06 COMAR 31.09.12.06. Prohibited Practices](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_06.md)
- [COMAR 31.09.12.07 COMAR 31.09.12.07. Safe Harbor](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_07.md)
- [COMAR 31.09.12.08 COMAR 31.09.12.08. Producer Training](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_08.md)
- [COMAR 31.09.12.09 COMAR 31.09.12.09. Compliance and Penalties](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_09.md)
- [COMAR 31.09.12.10 COMAR 31.09.12.10. Record Keeping](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_10.md)
- [COMAR 31.09.12.11 COMAR 31.09.12.11. Producer Disclosure for Annuities Form](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_11.md)
- [COMAR 31.09.12.12 COMAR 31.09.12.12. Consumer Refusal to Provide Information Form](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_12.md)
- [COMAR 31.09.12.13 COMAR 31.09.12.13. Consumer Decision to Purchase Annuity Not Based on Recommendation Form](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_09_12_10. Check the current official text before relying on it. Not legal advice.