New York Laws
Article 2 - Department of Financial Services; Superintendent of Financial Services; Supervisory and Regulatory Powers
36-B - Preservation of Books and Records.

§ 36-b. Preservation of books and records. When any provision of this
chapter or any rule or regulation adopted pursuant thereto requires that
books and records be preserved, such requirement may be satisfied by
maintenance of original papers or other records, photographic
reproductions, or records stored in electronic storage media. As used in
this chapter, "electronic storage media" means any digital storage
medium or system that meets the following conditions:

1. It must preserve the records exclusively in non-rewritable,
non-erasable format;

2. It must verify automatically the quality and accuracy of the
storage media recording process;

3. It must have the capacity to readily download indexes, metadata and
records preserved on the electronic storage media to any medium
acceptable to the superintendent; and

4. It must be immediately readable on equipment at all times available
to the superintendent for examination of such records.

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