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This entry was published on 2014-09-22
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SECTION 565
Licensee's books and records; reports
Banking (BNK) CHAPTER 2, ARTICLE 12-B
§ 565. Licensee's books and records; reports. 1. The licensee shall
keep and use in his 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, including
cards used in a card system, if any, for at least six years after making
the final entry in respect to any premium finance agreement recorded
therein; provided, however, the preservation of photographic
reproductions thereof or records in photographic form shall constitute
compliance with this requirement.

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 each licensed place of business conducted
by the licensee within the state under the authority of this article.
Upon good cause shown by a licensee, the superintendent may extend the
time for filing such report for a period not in excess of sixty days.
Such report shall be subscribed and affirmed as true by the licensee
under the penalties of perjury and be in the form prescribed by the
superintendent who may make and publish annually an analysis and
recapitulation of such reports. In addition to such annual reports, the
superintendent may require of licensees 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.