52:13C-24 - Records of governmental affairs agent; audits - New Jersey Statutes

52:13C-24  Records of governmental affairs agent; audits.

7.Any person engaged in activity which makes him subject to filing a statement under this act shall keep and preserve all records of his receipts, disbursements and other financial transactions in the course of and as a part of his activities as a governmental affairs agent.  Such records shall be preserved for a period of three calendar years next succeeding the calendar year in which they were made.  The provisions of this section shall not apply to any governmental affairs agent with respect to any quarterly period within which the total of his compensation including reimbursement of expenses is less than $500.00.

The commission shall conduct random audits of records kept and preserved pursuant to this section.

L.1971,c.183,s.7;  amended 2004, c.27,s.16; 2004, c.36.