A licensee shall make, keep, and preserve the following for three (3) years:
- (1) A record or records of payment instruments sold.
- (2) A general ledger containing all asset, liability, capital income, and expense accounts for which a general ledger shall be posted at least monthly.
- (3) Settlement sheets, if received from authorized delegates.
- (4) Bank statements and bank reconciliation records.
- (5) Records of outstanding payment instruments.
- (6) Records of each payment instrument paid within the three (3) years.
- (7) A list of the names and addresses of all of the licensee's authorized delegates, as well as a copy of each authorized delegate's contract.
As added by P.L.42-1993, SEC.85.