Financial institutions

Licensed Activities

SECTION 19-14-20

§ 19-14-20 Books, accounts, and records.

(a) The licensee shall keep and use any books, accounts, and records, which may be maintained by optical imaging, as will enable the director or the director's designee to determine whether the licensee is complying with the provisions of this title and with the rules and regulations lawfully made by the director or the director's designee.

(b) If the licensee maintains its records outside of the state of Rhode Island, the licensee shall be responsible for all reasonable costs and expenses incurred by the examining personnel to examine such records.

History of Section.
(P.L. 1995, ch. 82, § 52.)