Mich. Admin. Code R. 460.2543
Rule 43. The following deposit records shall be retained for the periods listed:
(a) Bank deposit books. | 1 year. |
(b) Copies of bank deposit slips. | 1 year. |
(c) Advice of deposits made when information about the deposits is shown on other records that are retained. | Destroy at option. |
(d) Statements from depositories that show the details of funds received, disbursed, and transferred and balances on deposits. | Destroy at option. |
(e) Bank reconcilement papers. | 1 year. |
(f) Statements from banks of interest credits. | 1 year. |
(g) Check stubs, registers, or other records of checks issued. | 3 years. |
(h) Correspondence and memoranda that relate to the stopping of payment of bank checks and to the issuance of duplicate checks. | 3 years or destroy at option after recovery of the check(s). |
Mich. Admin. Code R. 460.2543