143-143.54. Audits and record inspection.
All financial records required by this Part shall be subject to audit for cause and to random audit at the discretion of and by the Board, the Commissioner, or the Attorney General. The Board may inspect these records periodically, without prior notice and may also inspect these records whenever the Board determines that the records are pertinent to an investigation of any complaint against a licensee. The dealer shall provide written authorization to the bank that holds the escrow or trust account to release any and all requested information relative to the account to the parties authorized under this section to inspect those records. (2005-451, s. 6.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 143 - State Departments, Institutions, and Commissions
Article 9A - North Carolina Manufactured Housing Board Manufactured Home Warranties.
§ 143-143.10 - Manufactured Housing Board created; membership; terms; meetings.
§ 143-143.10A - Criminal history checks of applicants for licensure.
§ 143-143.11 - License required; application for license.
§ 143-143.11A - Notification of change of address, control of ownership, and bankruptcy.
§ 143-143.11B - Continuing education.
§ 143-143.13 - Grounds for denying, suspending, or revoking licenses; civil penalties.
§ 143-143.14 - Hearings; rules.
§ 143-143.15 - Set-up requirements.
§ 143-143.17 - Presenting claims for warranties and substantial defects.
§ 143-143.18 - Warranty service.
§ 143-143.19 - Dealer alterations.
§ 143-143.20 - Disclosure of manner used in determining length of manufactured homes.
§ 143-143.20A - Display of pricing on manufactured homes.
§ 143-143.21A - Purchase agreements; buyer cancellations.
§ 143-143.21B - Dealer cancellation; deposit refund.
§ 143-143.22 - Inspection of service records.
§ 143-143.23 - Other remedies not excluded.
§ 143-143.24 - Engaging in business without license a Class 1 misdemeanor.
§ 143-143.25 - Staff support for Board.
§ 143-143.50 - Escrow or trust account required.
§ 143-143.51 - Use of escrow or trust funds; penalty for violations.
§ 143-143.52 - Minimum requirements for dealer records for escrow or trust accounts at banks.