Arizona Revised Statutes § 6-1261 Books, Accounts And Records; Examinations; Costs

6-1261. Books, accounts and records; examinations; costs

A. A licensee shall maintain in its branch and home offices all books, accounts and records that the superintendent reasonably requires. The licensee shall:

1. Ensure that the books, accounts and records are sufficiently detailed to comply with all applicable statutes and rules.

2. Maintain the books, accounts and records separately from any other business in which the licensee is engaged and shall retain the books, accounts and records for at least three years.

B. The superintendent may examine the books, accounts and records to determine if the licensee has complied with this chapter and any rule adopted pursuant to this chapter. The licensee shall pay the cost of the examination determined in accordance with section 6-125 to the department.

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Last modified: October 13, 2016