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NYC Administrative Code

§ 11-2404 — Records to be kept.

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What is NYC AC § 11-2404?

Quick Answer

This section mandates that every retail licensee maintain specific business records in a format required by the commissioner. These records must be available for inspection and must be preserved for three years, although the commissioner may allow for their earlier destruction or extend the retention period. Applies to retail licensees operating in New York City.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 11-2404 Records to be kept.

AC § 11-2404

Every retail licensee shall keep such records of its business and in such form as the commissioner may by regulation require. Such records shall be offered for inspection and examination at any time upon demand by the commissioner or his or her duly authorized agent or employee and shall be preserved for a period of three years, except that the commissioner may consent to their destruction within that period or may require that they be kept longer.

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