Records Required

Act 66 of 1937, § 9, under CONSUMER DISCOUNT COMPANY ACT.

Act 66 of 1937, § 9

Section 9. Records Required.--Licensees operating under the provisions of this act shall maintain adequate and complete records of all business transacted, containing such information and in such form as shall be prescribed by the Secretary of Banking by general rule or regulation. The records of licensees shall be maintained in the English language. The records of licensees shall be retained for a period of two years after the date of final payment on any contract.