1. (a) The records of a corporate fiduciary must contain full information relative to each fiduciary account, including accounting, correspondence, and legal documentation as needed for the successful administration of the account.

2. (b) The records of a corporate fiduciary must meet the following requirements:

   1. (1) Documentation that accountings are made in accordance with general trust and probate statutes must be retained by the corporate fiduciary.
   2. (2) Records must account for cash funds of each account, and must be constructed in a manner consistent with identification of cash by its origin and ultimate distribution.
   3. (3) Records must provide information relative to each asset held for each account, and provide sufficient detail to clearly identify each asset.
   4. (4) Records must be posted in a manner as timely as activity levels dictate.

As added by P.L.262-1995, SEC.90.