Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.20. ALASKA SMALL LOANS ACT. |
Article 06.20.03. INSPECTIONS, EXAMINATIONS, RECORDS, AND REPORTS. |
Section 06.20.180. Books and records of licensees.
Latest version.
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Each licensee shall keep and use in the licensed premises those books, accounts, and records that will enable the department to determine whether the licensee is complying with this chapter and with the regulations lawfully adopted by the department under this chapter. The maintenance of separate books and records for another business authorized by the department under AS 06.20.210 is not required. The method of tracking and numbering the loans shall be determined by the licensee, as long as the system enables the department to perform the department's obligations under this title. The licensee shall preserve the books, accounts, and records, including cards used in the card system, if any, for two years after making the final entry on any recorded loan.
Notes
Implemented As
3 AAC 12.070
3 AAC 12.080
3 AAC 12.090
3 AAC 12.100
3 AAC 12.110
3 AAC 12.130
3 AAC 12.390
History
(Sec. 12 ch 73 SLA 1955; am Sec. 7 ch 134 SLA 1996)