Mich. Admin. Code R. 460.2554

Current through Vol. 24-21, December 1, 2024
Section R. 460.2554 - Collection reports and records; retention periods

Rule 54. The following collection reports and records shall be retained for the periods listed:

(a) Periodic reports, lists, and summaries of collections of operating revenues by collectors, agents, and local, regional, or district offices. (See rule 44(d)). Destroy at option.
(b) Bill stubs, copies of bills, collection slips, and other records which pertain to collections that are summarized or detailed in daily or periodic cash reports. 6 months.
(c) Memorandum records of remittances from local or branch offices. 6 months.
Note: See rule 43 pertaining to deposits of cash with banks. Rule 43 applies to all bank accounts whether at general, local, or regional offices.

Mich. Admin. Code R. 460.2554

1979 AC; 1980 AACS