Michigan Compiled Laws § 487.2141 Books, Accounts, And Records; Preservation.

487.2141 Books, accounts, and records; preservation.

Sec. 21.

Each licensee shall keep and use in its business any books, accounts, and records the commissioner requires under this act. A licensee shall preserve the books, accounts, and records for at least 3 years, unless applicable state or federal law concerning record retention requires a longer retention period.

History: 2005, Act 244, Imd. Eff. Nov. 28, 2005

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Last modified: October 10, 2016