Section 706.401932 - Maintenance of books and records; reports of information1. A company subject to the jurisdiction of the Authority shall keep its books of account and all other books, records and memoranda that support the entries in its books of account in accordance with the uniform system of accounts for limousine operations established pursuant to NAC 706.401905 to 706.401995, inclusive. A company must be able to furnish information as to any item included in an account. Each entry must be supported by such detailed information as will allow ready identification, analysis and verification of all relevant facts.2. The books and records must include accounting records usually kept pursuant to generally accepted accounting principles and all other records that may be useful in developing the history of or facts regarding a transaction, including, without limitation, trip sheets, minute books, stock books, reports, correspondence and memoranda.3. Trip sheets, invoices, cancelled checks, ledgers, inventory records, minute books, reports, correspondence, memoranda and any other documents that are not currently in use must be maintained for at least 3 years in an orderly and systematic manner which will allow immediate review of or reference to any particular dated trip sheet or record.4. In addition to the accounts prescribed by the uniform system of accounts for limousine operations, a company may keep clearing accounts, temporary or experimental accounts and subdivisions of accounts, if the integrity of the accounts prescribed by the uniform system of accounts for limousine operations is not impaired.5. The Authority may at any time request additional detailed information from a company to be obtained from the books and records required to be maintained by the company pursuant to the uniform system of accounts for limousine operations, if the Authority determines that the additional information is necessary for regulatory purposes.6. The arrangement or sequence of the accounts prescribed in the uniform system of accounts for limousine operations is not controlling for the arrangement or sequence that may be prescribed by the Authority in the forms for reporting the information.Nev. Admin. Code § 706.401932
Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002