Oklahoma § 15-141.16 - Permanent office records

§ 15-141.16. Permanent office records

As a minimum requirement for permanent office records, each

licensed service warranty association shall maintain:

1. A complete set of accounting records, including but not

limited to, a general ledger, cash receipts and disbursements

journals, accounts receivable registers and accounts payable

registers;

2. A detailed warranty register of warranties in force. The

register shall include the date of issue, issuing sales

representative, name of warranty holder, warranty period, gross

provider fee, and net provider fee; and

3. A detailed centralized claims or service record register

which includes the unique identifier, date of issue, date of claim,

issuing service representative, amount of claim or service, date

claim paid, and, if applicable, disposition other than payment and

reason therefor.

Added by Laws 2012, c. 150, § 16, eff. Nov. 1, 2012.