Md. Code Regs. 11.12.02.04

Current through Register Vol. 51, No. 20, October 4, 2024

Section 11.12.02.04 - Records

A. Records Retention. A title service agent shall retain those records relating to the business for a minimum of 3 years. These records shall include, but are not limited to, transaction transmittal forms specified in Regulation .05 of this chapter and those records relating to the collection of:

(1) Excise tax;

(2) Titling and registration fees; and

(3) Other fees collected for the Administration.

B. These records shall identify the:

(1) Customer's file number;

(2) Customer's name and address;

(3) Vehicle's:

(a) Make,

(b) Year,

(c) Vehicle identification number;

(4) Type of transaction; and

(5) Fees collected for the Administration.

C. The records shall be readily available for inspection by the Administrator or the Administrator's designated representative.

Md. Code Regs. 11.12.02.04

Regulations .04 amended effective February 4, 1976 (3:3 Md. R. 152)
Regulations .04 adopted effective January 29, 1996 (23:2 Md. R. 96)