Plain Text Law

Regulation .04 Records.

Regulation .04 Records.Copy Citation

A.
Records Retention. A title service agent shall retain those records relating to the business for a minimum of 3 years. These records shall include, but are not limited to, transaction transmittal forms specified in Regulation .05 of this chapter and those records relating to the collection of:
(1)
Excise tax;
(2)
Titling and registration fees; and
(3)
Other fees collected for the Administration.
B.
These records shall identify the:
(1)
Customer's file number;
(2)
Customer's name and address;
(3)
Vehicle's:
(a)
Make,
(b)
Year,
(c)
Vehicle identification number;
(4)
Type of transaction; and
(5)
Fees collected for the Administration.
C.
The records shall be readily available for inspection by the Administrator or the Administrator's designated representative.