Section 11-1205. Records to be kept and audits by commissioner of finance  


Latest version.
  • Every racing corporation or association shall keep such records  as  may
      be  prescribed  by  the  commissioner  of finance, of all admissions and
      taxes  collected  pursuant  to  this  chapter.  Such  records  shall  be
      available  for inspection and examination at any time upon demand by the
      commissioner of finance or the commissioner's duly authorized agents  or
      employees,  and  such  records  shall be preserved for a period of three
      years, except that the commissioner of  finance  may  consent  to  their
      destruction within that period, and may require that they be kept longer
      than three years.