689.375 - Records of seller; examination by Commissioner.
689.375 Records of seller; examination by Commissioner.
1. Every seller shall keep:
(a) Accurate accounts, books and records of all transactions;
(b) Copies of all agreements and dates and amounts of payments made and accepted;
(c) The names and addresses of the contracting parties; and
(d) The persons for whose benefit the payments are accepted and the names of the depositories in which the payments are deposited.
2. The seller shall keep within this State, at the address shown upon the certificate of authority, complete records of all transactions made under the certificate of authority of the seller. Those records and the affairs of the seller are subject to audit and examination by the Commissioner at any reasonable time. The seller shall keep such records for not less than 5 years after the completion of all transactions to which they relate.
(Added to NRS by 1971, 1401; A 1987, 1269)