Section 16-112-15 - Maintenance of records of funds and chattels Each collection agency shall maintain, at its regular active business office in this State, permanent records or have immediate access to permanent records of all of its receipts and disbursements of funds for each customer or copies thereof. Such records shall be kept for a period of at least six years. The records shall clearly indicate the following:
(1) Date of the receipt of the funds to be held in trust or chattels to be held;(2) A description of the type of funds held in trust or chattels held;(3) The name of the debtor from whom the funds held in trust or chattels were received;(4) The name of the client for whose benefit the funds or chattels are being held;(5) The date and to whom the funds or chattels were or will be delivered; and(6) Other pertinent information concerning funds and chattels.[Eff 4/22/94] (Auth: HRS § 443B-2) (Imp: HRS § 443B-8)