Haw. Code R. § 16-37-7

Current through September, 2024

Section 16-37-7 - Record requirements

Every franchisor or subfranchisor shall make and keep current the following books and records relating to its business:

(1) Record of original entry containing the sale of franchise, to whom sold, the aggregate price, the amount paid down, and the installment payments, if any.

(2) Every franchisor or subfranchisor shall preserve for a period of not less than six years from the closing of any franchise account, all records, books, and memorandums that relate to the franchise.

Haw. Code R. § 16-37-7

[Eff. 1/1/75; am and ren 3.1, 3/30/79; am and ren § 16-37-7, 7/30/81] (Auth: HRS § 482E-8) (Imp: HRS § 482E-5)