Section 25.25. Records of purchases and sales  


Latest version.
  • Every licensee shall at all
      times  keep full and accurate sets of records showing: (1) the prices at
      which all tickets have been bought and sold by such  licensee;  and  (2)
      the  names  and  addresses  of the person, firm or corporation from whom
      they were bought. Operators offering for initial sale tickets  by  means
      of  an  auction  shall maintain a record of the price when known and the
      number of tickets and types of  seats  offered  through  auction.  These
      records  shall  be  made  available  upon  request to the state attorney
      general, the secretary of state, or other  governmental  body  with  the
      express  authority  to  enforce  any  section of this article; provided,
      however, that the records required to  be  maintained  by  this  section
      shall  be  considered proprietary in nature and shall be governed by the
      protections set forth in subdivision five of section eighty-nine of  the
      public officers law. These records shall be retained for a period of not
      less than ten years.
        * NB Effective until May 16, 2010