§ 143-143.54. Audits and record inspection. - North Carolina Statutes

§ 143‑143.54.  Auditsand record inspection.

All financial records requiredby this Part shall be subject to audit for cause and to random audit at thediscretion of and by the Board, the Commissioner, or the Attorney General. TheBoard may inspect these records periodically, without prior notice and may alsoinspect these records whenever the Board determines that the records arepertinent to an investigation of any complaint against a licensee. The dealershall provide written authorization to the bank that holds the escrow or trustaccount to release any and all requested information relative to the account tothe parties authorized under this section to inspect those records. (2005‑451, s. 6.)