44-323. Retention of records
A. A holder that is required to file a report pursuant to section 44-307 shall
maintain the records that contain the information required to be included in the report
for five years after the holder files the report, except as provided in subsection B of
this section or unless the department adopts a rule that allows for a shorter period of
time.
B. A business association or financial organization that sells, issues or provides
to others for sale or issue in this state traveler's checks, money orders or other
similar instruments on which the business association or financial organization is
directly liable, other than third party bank checks, shall maintain a record of the
instruments while the instruments remain outstanding and the record shall indicate the
state and date of issue of the instruments. The association or organization shall
maintain the record prescribed by this subsection for three years after the holder files
the report.
|