(a) Each surplus lines agent must maintain general accounting records, which must include a general ledger, a general journal, cash records, and other items necessary to reflect the financial solvency of the agent.
(b) The surplus lines agent's general accounting records must show a month-end summary of operations and fiscal or calendar-year-to-date summary of operations, and must be maintained in accordance with generally accepted accounting principles.

Source Note: The provisions of this §15.113 adopted to be effective December 30, 2018, 43 TexReg 8455