The Florida Senate

634.3135  Office records required.--Each licensed home warranty association, as a minimum requirement for permanent office records, shall maintain:

(1)  A complete set of accounting records, including a general ledger, cash receipts and disbursements journals, accounts receivable registers, and accounts payable registers.

(2)  A detailed warranty register, in numerical order by warranty number, of warranties in force. The register shall include the warranty number, date of issue, issuing sales representative, name of warranty holder, location of the property, warranty period, gross premium, commission to sales representative, and net premium.

(3)  A detailed claims register which includes the warranty number, date of issue, date of claim, issuing sales representative, amount of claim, date claim paid, and, if applicable, disposition other than payment and reason therefor.

(4)  Nothing in this section shall prohibit an association from maintaining office records by computer.

History.--ss. 14, 33, ch. 83-323; s. 1, ch. 84-94; s. 20, ch. 93-195.