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The Florida Statutes

The 1998 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS
Chapter 520
Retail Installment Sales
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520.997  Books, accounts, and records.--

(1)  Every licensee shall maintain, at the principal place of business, such books, accounts, and records of the business conducted under the license issued for such place of business as will enable the department to determine whether the business of the licensee contemplated by this chapter is being operated in accordance with the provisions of this chapter. The licensee shall make all such books, accounts, and records of business conducted under the license available at a convenient location in this state upon request of the department.

(2)  A licensee, operating two or more licensed places of business in this state, may maintain the general control records of all such offices at any one of such offices, or at any other office maintained by such licensee, upon the filing of a written request with the department designating therein the office at which such control records are maintained.

(3)  All books, accounts, and records of licensees, including any cards used in a card system, shall be preserved and available for examination by the department for at least 2 years after making the final entry therein.

(4)  The department is hereby authorized and empowered to prescribe the minimum information to be shown in the books, accounts, and records of licensees so that such records will enable the department to determine compliance with the provisions of this chapter.

History.--ss. 34, 36, ch. 90-103; s. 4, ch. 91-429.