It shall be a violation of this chapter for any business entity offering vacation time sharing plans for sale to the public to fail to keep among its business records the following:
- (1) A copy of each item required to be submitted to the commission under Section 27-32-20.
- (2) A copy of the contract from each sale of the vacation time sharing plan, which contract shall be retained for a period of at least three years after parties to the vacation time sharing plan have completely performed all of their obligations thereunder.
- (3) A list of all employees, including their last known mailing addresses, which list shall include all current employees and all previous employees whose employment has been terminated within the preceding three years.