Section 15-409 - Retention of documents by entities subject to title. - Maryland Statutes

§ 15-409. Retention of documents by entities subject to title.
 

(a)  In general.- An entity that is required to file a report, statement, or record under this title shall obtain each account, bill, receipt, book, paper, or other document necessary to complete and substantiate the report or statement. 

(b)  Period of retention.- The entity shall retain the document for 3 years after: 

(1) the date the report, statement, or record was filed; or 

(2) if the report, statement, or record is not filed, the date the report, statement, or record was required to be filed. 

(c)  Inspection by Ethics Commission.- On request by the Ethics Commission, and after reasonable notice, the documents shall be available for inspection by the Ethics Commission. 
 

[An Code 1957, art. 40A, § 7-104; 1995, ch. 533, § 2.]