Indiana Code 25-6.1-6-3. Records and accounts
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Terms Used In Indiana Code 25-6.1-6-3
- Goods: means any goods, wares, chattels, merchandise, or other personal property, including domestic animals and farm products. See Indiana Code 25-6.1-1-3
- Licensee: means any person licensed under this article and, in the case of an auction company, includes the person required to obtain a license for such auction company. See Indiana Code 25-6.1-1-3
- Real estate: means any right, title, or interest in real property, including fixtures. See Indiana Code 25-6.1-1-3
Sec. 3. Records and Accounts. Each licensee shall keep and maintain in a place of safety for a period of not less than two (2) years complete and correct records and accounts pertaining to that licensee’s licensed activity, including the name and address of the owner or consignor of all goods and real estate involved in such activities, a description of such goods and real estate, the terms and conditions of the acceptance and sale of such goods and real estate, and accounts of all monies received and paid out, whether on the licensee’s own behalf or as agent, as a result of such activities.
As added by Acts 1977, P.L.270, SEC.1.