N.D. Cent. Code § 13-09.1-23: Records

1.A licensee shall maintain the following records, for determining its compliance with this chapter for at least six years:

a.A record of each outstanding money transmission obligation sold;

b.A general ledger posted at least monthly containing all asset, liability, capital, income, and expense accounts;

c.Bank statements and bank reconciliation records;

d.Records of outstanding money transmission obligations;

e.Records of each outstanding money transmission obligation paid within the six-year period;

f.A list of the last-known names and addresses of all of the licensee's authorized delegates; and

g.Any other records the commissioner reasonably requires by rule.

2.The items specified in subsection 1 may be maintained in any form of record.

3.Records specified in subsection 1 may be maintained outside this state if they are made accessible to the commissioner on seven business days' notice that is sent in a record.

4.All records maintained by the licensee as required in subsections 1 through 3 are open to inspection by the commissioner pursuant to subsection 1 of section 13-09.1-06.