N.J. Admin. Code § 13:45A-20.6

Current through Register Vol. 56, No. 12, June 17, 2024

Section 13:45A-20.6 - Records

(a) A ticket broker shall keep full and accurate sets of records maintained in accordance with generally accepted accounting practices and principles.

(b) Records of a ticket broker shall clearly set forth:

1. The prices at which all tickets have been bought and sold by the ticket broker; and

2. The names and addresses of the persons from whom the ticket broker purchased the tickets and to whom the ticket broker sold the tickets.

(c) Records of a ticket broker shall include sales invoice books.

1. The invoices used shall be printed and numbered consecutively.

2. The invoices used shall be in duplicate, the original of which shall be given to the purchaser and the duplicate kept by the ticket broker in consecutive order.

3. The invoices used shall include the following information:

i. Date of the transaction;

ii. Name and place of entertainment;

iii. Number of ticket(s) sold;

iv. Price of ticket(s) with ticket broker's premium recorded separately;

v. Seat location;

vi. Date of performance;

vii. Whether payment was made by cash, check or charge account;

viii. Name and address of purchaser;

(d) Records of a ticket broker shall include a sales journal which reflects a record of daily sales.

(e) Records set forth in this subchapter shall be maintained for a period of at least two years and shall be made available for inspection by the Division at any reasonable time and upon reasonable notice.

N.J. Admin. Code § 13:45A-20.6

Amended by R.1995 d.618, effective 12/4/1995.
See: 27 N.J.R. 3566(a), 27 N.J.R. 4899(b).
Amended by R.2006 d.141, effective 4/17/2006.
See: 37 N.J.R. 4369(a), 38 N.J.R. 1760(a).
Substituted "broker" for "reseller" throughout; in (e), added "maintained for a period of at least two years and shall be".