1. 1. A licensee shall maintain the following records for at least 5 years:

   1. (a) A record of each outstanding money transmission obligation sold;
   2. (b) A general ledger posted at least monthly that contains all asset, liability, capital, income and expense accounts;
   3. (c) Bank statements and bank reconciliation records;
   4. (d) A record of each outstanding money transmission obligation;
   5. (e) A record of each outstanding money transmission obligation paid during the 5-year period;
   6. (f) A list of the last known name and address of each of the authorized delegates of the licensee; and
   7. (g) Any other records the Commissioner reasonably requires by regulation.

2. 2. A licensee may maintain the records required to be maintained by subsection 1:

   1. (a) In any form; and
   2. (b) Outside of this State, so long as any such record is made available to the Commissioner with 5 business days’ notice that is sent in a record.
3. 3. The records required to be maintained pursuant to subsection 1 are open to inspection by the Commissioner pursuant to NRS 671.375.

(Added to NRS by 2023, 114)