§ 66-124.1. Record keeping; provision of records to the Attorney General. - North Carolina Statutes

§66‑124.1.  Record keeping; provision of records to the Attorney General.

(a)        Any person orbusiness bonded under this Article shall maintain accurate records of the bondand of premium payments on it. These records shall be open to inspection by theAttorney General at any time during normal business hours.

(b)        Any person whosells prepaid entertainment contracts shall maintain accurate records, updatedas necessary, of the name, address, contract terms, and payments of each buyerof services. These records shall be open to inspection by the Attorney General,upon reasonable notice not to exceed 72 hours, at any time during normalbusiness hours.

(c)        On the permanentclosing of a facility, the seller of the services shall provide the followinginformation to the Attorney General within 15 business days:

(1)        A list of the namesand addresses of all buyers holding unexpired contracts;

(2)        The original or acopy of all buyers' contracts; and

(3)        A record of allpayments received under buyers' agreements. (1991 (Reg. Sess., 1992), c.1009, s. 3.)