Sec. 7. (a) Every seller shall keep and maintain a complete set of books, records, and accounts of business opportunity transactions made by the seller.
(b) The seller shall keep all documents relating to each contract entered into by the seller for four (4) years after the date of the contract.
As added by P.L.134-1984, SEC.1.
Structure Indiana Code
Chapter 8. Business Opportunity Transactions
24-5-8-1.5. Substantial Sellers; Application of Certain Sections
24-5-8-2. Disclosure Document; Cover Sheet; Contents
24-5-8-3. Surety Bonds; Requirements; Waiver
24-5-8-4. Requirements Before Advertising; Amendment of Filings; Renewal Fee; Record of Filings
24-5-8-5. Representations of Business Opportunity; Copy to Investor, Contents
24-5-8-7. Books, Records, and Accounts; Documents
24-5-8-8. Validity of Waiver of Provisions by Investor
24-5-8-9. Attempts to Have Investor Waive Rights
24-5-8-10. Cutting Off Right or Defense of Investor Against Seller
24-5-8-11. Initial Cash Payment
24-5-8-13. Reference to Compliance With Chapter in Advertisement
24-5-8-14. Use of Commercial Symbols
24-5-8-15. Cancellation of Contract for Seller's Failure to Comply
24-5-8-19. Failure to Comply; Penalty