§489D-18 - Maintenance of records. - Hawaii Statutes

     [§489D-18]  Maintenance of records.  (a)  Each licensee shall make, keep, preserve, and make available for inspection by the commissioner the following books, accounts, and other records for a period of three years:

     (1)  A record or records of each payment instrument;

     (2)  A general ledger containing all assets, liability, capital, income, and expense accounts that shall be posted at least monthly;

     (3)  Bank statements and bank reconciliation records;

     (4)  Records of outstanding payment instruments;

     (5)  Records of each payment instrument paid within the three-year period;

     (6)  A list of the names and addresses of all of the licensee's authorized delegates; and

     (7)  Any other records the commissioner reasonably requires by rule adopted pursuant to chapter 91.

     (b)  Maintenance of documents in a photographic, electronic, or other similar form shall comply with this section.

     (c)  Records may be maintained at a location outside the State; provided that these records are made accessible to the commissioner within seven business days of receipt of a written notice issued by the commissioner. [L 2006, c 153, pt of §1]