(1) The licensee shall keep and use in the licensee’s business the books, accounts, and records the commissioner may require in order to determine whether the licensee is complying with this act and with the rules promulgated by the commissioner under this act. The licensee shall preserve within this state and make accessible to the commissioner, the books, accounts, and records for at least 2 years after making the final entry on any loan recorded in the books, accounts, and records. Books and accounts may be kept at a location other than the licensee’s principal place of business, provided that they are made available to the commissioner upon request and the licensee pays the actual and reasonable travel expenses if the examiner must travel out of state.

    (2) The licensee shall file, annually on or before February 15 of each year, with the commissioner its financial statement in a uniform format prescribed by the commissioner, including information on earnings, for the prior calendar year.

    (3) A licensee shall annually on or before a date established by the commissioner file with the commissioner a report, on a form provided by the commissioner, stating the licensee’s volume and type of business activities for the immediately preceding calendar year. The commissioner shall provide at least 30 days’ advance notice of the date each report is due.

    (4) All reports shall be made under oath and shall be in the form prescribed by the commissioner.

    (5) The commissioner shall make and publish annually an analysis and recapitulation of the reports filed under subsections (2) and (3).