Indiana Code
Chapter 4. Money Transmitters
28-8-4-44. Maintenance and Availability of Records

Sec. 44. (a) The records maintained under section 43 of this chapter shall be:
(1) maintained in conformity with United States generally accepted accounting principles and practices, or in any other form that may be preapproved at the discretion of the director, in a manner that will enable the director to determine whether the licensee is complying with the provisions of this chapter; and
(2) made reasonably available to the director.
(b) The director shall determine the sufficiency of the records and whether the licensee has made the required information reasonably available.
As added by P.L.42-1993, SEC.85. Amended by P.L.69-2018, SEC.65.

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Structure Indiana Code

Indiana Code

Title 28. Financial Institutions

Article 8. Financial Services

Chapter 4. Money Transmitters

28-8-4-1. Applicability

28-8-4-2. Applicant

28-8-4-3. Authorized Delegate

28-8-4-3.5. Closed System Stored Value Card

28-8-4-4. Control

28-8-4-5. Controlling Person

28-8-4-6. Department

28-8-4-7. Director

28-8-4-8. Executive Officer

28-8-4-8.5. Individual

28-8-4-9. Key Shareholder

28-8-4-10. Licensed Activities

28-8-4-11. Licensee

28-8-4-12. Material Litigation

28-8-4-13. Money Transmission

28-8-4-13.8. Organization

28-8-4-14. Outstanding Payment Instrument

28-8-4-15. Payment Instrument

28-8-4-16. Permissible Investments

28-8-4-17. Person

28-8-4-18. Repealed

28-8-4-19. The State

28-8-4-19.5. Stored Value Card

28-8-4-20. License Required; Application; Felonies; Evidence of Compliance; Criminal Background Checks; Tax Warrant List

28-8-4-20.5. Use of Nmlsr in Department's Licensing System; Reporting of Information to Nmlsr; Confidentiality; Director's Authority to Enter Agreements; Waiver of Privilege; Processing Fee; Electronic Records

28-8-4-21. Form of License Applications; Surety Bond; Fee

28-8-4-22. Repealed

28-8-4-23. Repealed

28-8-4-24. Contents of License Applications

28-8-4-25. Applicants Not Organized as Sole Proprietorship; Contents of Applications

28-8-4-26. Repealed

28-8-4-27. Surety Bond; Requirements; Amount; Termination; Liability; Notices

28-8-4-28. Repealed

28-8-4-29. Repealed

28-8-4-30. Repealed

28-8-4-31. Repealed

28-8-4-32. Repealed

28-8-4-33. Conduct of Business; Insurance; Permissible Investments; Good Standing

28-8-4-34. Commonly Controlled Corporations or Organizations

28-8-4-35. Investigations by Director; Issuance of Licenses; Controlling Persons; Denial of Applications

28-8-4-36. Contesting Denial of License Applications

28-8-4-37. License Renewal Fees

28-8-4-38. License Renewal; Annual Requirements; Financial Statements; Fee

28-8-4-39. Written Reports Following Bankruptcies or Reorganizations, License Revocations or Suspensions, and Felony Indictments and Convictions

28-8-4-40. Repealed

28-8-4-40.1. License Not Transferable or Assignable

28-8-4-40.2. Change in Control of Licensee; Application to Department; Time Frame for Department's Decision; Conditions for Approval; Duty of Licensee to Report Transfer of Securities; Director's Discretion to Require New License

28-8-4-40.4. Carrying on Other Business

28-8-4-40.5. Repealed

28-8-4-40.6. Felony Convictions; Notice to Department

28-8-4-41. Onsite Examination by Director; Notice Required; Fees; Department's Investigatory and Enforcement Authority; Examination of Vendors

28-8-4-42. Suspected Violations; Request for Additional Financial Data; Onsite Examinations Without Notice; Fees

28-8-4-43. Making, Keeping, and Preserving Records

28-8-4-44. Maintenance and Availability of Records

28-8-4-45. Maintenance of Records at Foreign Locations

28-8-4-45.5. Duty to Safeguard Personal Records

28-8-4-46. Compliance With Money Laundering Laws; Investigation and Enforcement by Department

28-8-4-47. Confidentiality of Information; Exceptions

28-8-4-48. Suspension or Revocation of License; Order to Show Cause; Order of Suspension or Revocation; Relinquishment of License; Existing Obligations; Emergency Order for Revocation

28-8-4-48.1. Failure to File Renewal Form or Pay Renewal Fee; Revocation or Suspension of License

28-8-4-49. Authorized Delegates; Written Contract Required; Contents; Exemption From Licensing Requirements; Resignation, Discharge or Termination; Notice to Department

28-8-4-50. Compliance by Authorized Delegates

28-8-4-51. Suspension and Barring of Authorized Delegates

28-8-4-52. Applicability of Law Governing Administrative Orders and Procedures; Venue

28-8-4-53. Civil Penalties

28-8-4-54. Claims Against Licensees and Authorized Delegates

28-8-4-55. Compromise, Settlement, and Collection of Civil Penalties

28-8-4-56. Injunctions

28-8-4-57. Consent Orders

28-8-4-58. Violations

28-8-4-59. Rules and Regulations

28-8-4-60. Jurisdiction

28-8-4-61. Administration of Chapter