N.C. Gen. Stat. § 105-113.88

Current through Session Law 2024-56

Section 105-113.88 - Record-keeping requirements

A person who is required to file a report or return under this Article must keep a record of all documents used to determine information the person provides in a report or return and any other information required by the Secretary to determine the person's alcoholic beverage transactions. The records must be kept for the applicable period of statute of limitations as set forth under Article 9 of this Chapter. If the records apply to a transaction not required to be reported in a return, the records must be kept for three years from the date of the transaction. The Secretary or the Secretary's designee has the right at any reasonable time to inspect records.

N.C. Gen. Stat. § 105-113.88

Amended by 2023 N.C. Sess. Laws 12,s. 3.9-a, eff. 4/3/2023, and applies to documents required to be kept for transactions occurring on or after that date. The authority of the Secretary or the Secretary's designee to inspect records at any reasonable time is ongoing and is not limited to records for transactions occurring on or after the effective date of this section..

1939, c. 158, s. 520; 1945, c. 903, s. 1; 1971, c. 872, s. 2; 1973, c. 476, s. 193; 1981, c. 747, s. 28; 1985, c. 114, s. 1; 2000-173, s. 6.