Virginia Code 6.2-2209: Retention of books, accounts, and records
Current as of: 2024 | Check for updates
|
Other versions
Every licensee shall maintain in its licensed offices such books, accounts, and records as the Commission may reasonably require in order to determine whether such licensee is complying with the provisions of this chapter and rules and regulations adopted in furtherance thereof. Such books, accounts, and records shall be maintained apart and separate from any other business in which the licensee is involved. Such records relating to title loans shall be retained for at least three years after final payment is made on any title loan.
Terms Used In Virginia Code 6.2-2209
- Commission: means the State Corporation Commission. See Virginia Code 6.2-100
- Licensee: means a person to whom a license has been issued under this chapter. See Virginia Code 6.2-2200
- title loan: means a loan secured by a non-purchase money security interest in a motor vehicle. See Virginia Code 6.2-2200
2010, c. 477, § 6.1-489.