Except as otherwise ordered by court or requested by the Commissioner, a licensee may destroy his/her records, files, or documents five (5) years after: the last entry in said records, files or documents; the date on which any obligation ceased to be due; or an audit by the OCFI, whichever is later. All licensees shall keep a register of records, files, or documents destroyed pursuant to the rules or regulations established by the Commissioner. History —Feb. 24, 2011, No. 23, § 16, eff. 60 days after Feb. 24, 2011. Except as otherwise ordered by court or requested by the Commissioner, a licensee may destroy his/her records, files, or documents five (5) years after: the last entry in said records, files or documents; the date on which any obligation ceased to be due; or an audit by the OCFI, whichever is later. All licensees shall keep a register of records, files, or documents destroyed pursuant to the rules or regulations established by the Commissioner. History —Feb. 24, 2011, No. 23, § 16, eff. 60 days after Feb. 24, 2011.
Puerto Rico Legal Code