Section 586. Licensee's books and records; reports  


Latest version.
  • 1. The licensee shall
      keep and use in its business such books, accounts, and records  as  will
      enable   the  superintendent  to  determine  whether  such  licensee  is
      complying with the provisions of this article and  with  the  rules  and
      regulations   lawfully  made  by  the  superintendent  hereunder.  Every
      licensee shall preserve such books, accounts, and records, for at  least
      three  years;  provided,  however,  that  preservation  by  photographic
      reproduction thereof or records in photographic  form  shall  constitute
      compliance with the requirements of this section.
        2.  Each  licensee  shall  annually,  on  or  before  the first day of
      February, file a report with the superintendent giving such  information
      as the superintendent may require concerning the business and operations
      during  the  preceding calendar year of such licensee under authority of
      this article. Such report shall be subscribed and affirmed  as  true  by
      the  licensee  under  the  penalties of perjury and shall be in the form
      prescribed by the superintendent. In addition  to  annual  reports,  the
      superintendent  may  require,  under  oath and in the form prescribed by
      him, such additional regular or special reports as he may deem necessary
      to  the  proper  supervision  of  licensees  under  this  article.  Such
      additional reports shall be in the form prescribed by the superintendent
      and  shall  be  subscribed  and  affirmed as true under the penalties of
      perjury.