Vt. Stat. Ann. tit. 8, § 2534

Money laundering reports

Redline — July 1, 2021 → current.View current text →

Current — June 1, 2022

As of July 1, 2021

In addition to the records required by section 2119 of this title, a licensee shall maintain records for determining the licensee's compliance with this chapter. A licensee shall maintain its records for at least five years, which records shall include:

In addition to the records required by section 2119 of this title, a licensee shall maintain records for determining the licensee’s compliance with this chapter. A licensee shall maintain its records for at least five years, which records shall include:

(1) a record of each payment instrument or prepaid access obligation sold;

(2) a general ledger posted at least monthly containing all asset, liability, capital, income, and expense accounts;

(3) bank statements and bank reconciliation records;

(4) records of outstanding payment instruments and prepaid access obligations;

(5) records of each payment instrument and prepaid access obligation paid within the five-year period;

(6) a list of the last known names and addresses of all of the licensee's authorized delegates; and

(6) a list of the last known names and addresses of all of the licensee’s authorized delegates; and

(7) any other records the Commissioner requires by rule. ~~Added 2001, No. 55, § 1, eff. Jan. 1, 2002; amended 2019, No. 20, § 53.~~

(7) any other records the Commissioner requires by rule.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.