1. A licensee shall maintain the following records for at least 5 years: (a) A record of each outstanding money transmission obligation sold; (b) A general ledger posted at least monthly that contains all asset, liability, capital, income and expense accounts; (c) Bank statements and bank reconciliation records; (d) A record of each outstanding money transmission obligation; (e) A record of each outstanding money transmission obligation paid during the 5-year period; (f) A list of the last known name and address of each of the authorized delegates of the licensee; and (g) Any other records the Commissioner reasonably requires by regulation. 2. A licensee may maintain the records required to be maintained by subsection 1: (a) In any form; and (b) Outside of this State, so long as any such record is made available to the Commissioner with 5 business days’ notice that is sent in a record. 3. The records required to be maintained pursuant to subsection 1 are open to inspection by the Commissioner pursuant to NRS 671.375. (Added to NRS by 2023, 114)
Nevada Legal Code