Sec. 4. (a) As used in this chapter, "work papers" means the records kept by the independent auditor of the procedures followed, the tests performed, the information obtained, and the conclusions reached by the independent auditor's audit of the financial statements of a domestic insurer. (b) The term includes any audit planning documentation, work programs, analyses, memoranda, letters of confirmation and representation, abstracts of company documents, and schedules or commentaries that: (1) are prepared or obtained by the independent auditor in the course of any audit of the financial statements of a domestic insurer; and (2) support the independent auditor's opinion on the domestic insurer's financial statements.
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