10 Va. Admin. Code § 5-220-50

Current through Register Vol. 41, No. 6, November 4, 2024

Section 10VAC5-220-50 - Books, accounts, and records

A. A licensee shall maintain in its principal place of business all books, accounts, and records required by Chapter 26 and this chapter.

B. A licensee may maintain records electronically, provided (i) the records are readily available for examination by the bureau and (ii) the licensee complies with all applicable provisions of the Uniform Electronic Transactions Act (§ 59.1-479 et seq. of the Code of Virginia), the Electronic Signatures in Global and National Commerce Act (15 USC § 7001 et seq.), and any other applicable laws.

Derived from Virginia Register Volume 38, Issue 04, eff. 10/1/2021.

Statutory Authority: §§ 6.2-2622 and 12.1-13 of the Code of Virginia.