760 IAC 1-50-7 - Record keeping requirements

Authority: IC 27-1-15.7-7

Affected: IC 27-1-15.7-4

Sec. 7.

(a) A provider shall take attendance at each continuing education course. The provider shall retain the attendance reports for four (4) years. The attendance report shall contain the following information:
(1) The producer's name.
(2) The producer's license number.
(3) The producer's birth date.
(4) The producer's signature.
(5) Any other information requested by the department.
(b) A provider shall provide each producer who attends a continuing education course, or passes a self-study course, with a certificate of completion form no later than ten (10) days following the completion of the course. The certificate of completion form is adopted by reference, and a copy of the form may be obtained from the Department of Insurance, 311 West Washington Street, Suite 300, Indianapolis, Indiana 46204-2787.
(c) For two (2) years following a continuing education course, the provider shall prepare a duplicate certificate of completion upon the request of a producer who attended the course. The certificate must be provided within ten (10) days of the request.
(d) No later than ten (10) days after a request from the department, the provider shall deliver to the department a list of the producers to whom it has delivered a certificate of completion for a specific course or courses.
(e) In the event a provider fails to provide a certificate of completion as required in this section, the commissioner may suspend approval of any or all of a provider's continuing education courses.
(f) The producer shall retain the certificate of completion for four (4) years following completion of the course.
(g) A provider shall notify the department at least thirty (30) days in advance of an approved continuing education course being offered.

Notes

760 IAC 1-50-7
Department of Insurance; 760 IAC 1-50-7; filed Feb 23, 1993, 5:00 p.m.: 16 IR 1826; filed Nov 4, 1999, 10:12 a.m.: 23 IR 575; errata filed Dec 15, 1999, 9:08 a.m.: 23 IR 1110; filed Dec 12, 2003, 10:30 a.m.: 27 IR 1570; readopted filed Nov 24, 2010, 9:17 a.m.: 20101222-IR-760100633RFA Readopted filed 11/23/2016, 9:47 a.m.: 20161221-IR-760160436RFA Readopted filed 11/30/2022, 11:39 a.m.: 20221228-IR-760220302RFA

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