Rule 56. The following uncollectible account and customer credit records shall be retained for the periods listed:
(a) Records of ratings, credit classifications, and investigations of customers. | Destroy at option. |
(b) Ledger accounts and supporting details of customer accounts that are considered to be uncollectible. | For period legally collectible. |
(c) Reports and statements that show the age and status of customer accounts. | 1 year. |
(d) Data on unpaid final bills. | 1 year. |
(e) Authorization for writing off customer accounts. | 3 years. |
Mich. Admin. Code R. 460.2556