Section 51A-17-29 - [Repealed Effective 7/1/2024] Records required and open to inspectionEach licensee shall make, keep, and preserve the following books, accounts, and other records for a period of three years and which shall be open to inspection by the director:
(1) A record or records of each payment instrument and stored value sold;(2) A general ledger, which general ledger shall be posted at least monthly, containing all assets, liabilities, capital, income, and expense accounts;(3) Bank statements and bank reconciliation records;(4) Records of outstanding payment instruments and stored value;(5) Records of each payment instrument and stored value paid within the three-year period;(6) A list of the names and addresses of all of the licensee's authorized delegates; and(7) Any other records the director reasonably requires by rule promulgated pursuant to chapter 1-26.Maintenance of such documents as are required by this section in a photographic, electronic, or other similar form constitutes compliance with this section. Records may be maintained at a location other than within this state if they are made accessible to the director on seven business days written notice.
Repealed by S.L. 2024, ch. TBD,s. 114, eff. 7/1/2024.